WorldWideScience

Sample records for trade practice rules

  1. Biclustering Learning of Trading Rules.

    Science.gov (United States)

    Huang, Qinghua; Wang, Ting; Tao, Dacheng; Li, Xuelong

    2015-10-01

    Technical analysis with numerous indicators and patterns has been regarded as important evidence for making trading decisions in financial markets. However, it is extremely difficult for investors to find useful trading rules based on numerous technical indicators. This paper innovatively proposes the use of biclustering mining to discover effective technical trading patterns that contain a combination of indicators from historical financial data series. This is the first attempt to use biclustering algorithm on trading data. The mined patterns are regarded as trading rules and can be classified as three trading actions (i.e., the buy, the sell, and no-action signals) with respect to the maximum support. A modified K nearest neighborhood ( K -NN) method is applied to classification of trading days in the testing period. The proposed method [called biclustering algorithm and the K nearest neighbor (BIC- K -NN)] was implemented on four historical datasets and the average performance was compared with the conventional buy-and-hold strategy and three previously reported intelligent trading systems. Experimental results demonstrate that the proposed trading system outperforms its counterparts and will be useful for investment in various financial markets.

  2. Interjurisdictional trading rules and issues

    International Nuclear Information System (INIS)

    Keizer, C.

    2001-01-01

    Rules and issues regarding financial transmission rights were presented in this power point presentation which focused on access to the Ontario electricity grid. Power generators submit offers to the independent market operator (IMO) to participate in the IMO dispatch. This presentation covered uniform pricing issues in Ontario, the congestion pricing theory, congestion management, and how congestion pricing can apply to inter-regional trades. Inter-regional trading examples of buying and selling electricity in Ontario were also presented. IMOs have the power to auction transmission rights, which are the financial instrument that protects against exposure to changes in price differences. Initially, this would apply only to price differences between the uniform Ontario price and prices in each zone. The holders of financial transmission rights receive a portion of the congestion surplus collected through the IMO settlements as a result of congestion pricing on the entities. The problem is that this provides no incentive for transmitters. Another problem is that there are different trading regimes in Ontario, but it is preferable to have seamless trading across jurisdictions to promote inter-jurisdictional trading

  3. World Trade Organisation (WTO): Trade rules/agreements and ...

    African Journals Online (AJOL)

    The GATT (General Agreement on Trade and Tariffs) rules of 1947 were seen as prejudicial to the economic and development concerns of developing countries. With the coming into effect of World Trade Organization (WTO), it was expected that some of the concerns of the developing countries will be addressed.

  4. Deriving Trading Rules Using Gene Expression Programming

    Directory of Open Access Journals (Sweden)

    Adrian VISOIU

    2011-01-01

    Full Text Available This paper presents how buy and sell trading rules are generated using gene expression programming with special setup. Market concepts are presented and market analysis is discussed with emphasis on technical analysis and quantitative methods. The use of genetic algorithms in deriving trading rules is presented. Gene expression programming is applied in a form where multiple types of operators and operands are used. This gives birth to multiple gene contexts and references between genes in order to keep the linear structure of the gene expression programming chromosome. The setup of multiple gene contexts is presented. The case study shows how to use the proposed gene setup to derive trading rules encoded by Boolean expressions, using a dataset with the reference exchange rates between the Euro and the Romanian leu. The conclusions highlight the positive results obtained in deriving useful trading rules.

  5. How insiders traded before rules

    NARCIS (Netherlands)

    Braggion, F.; Moore, L.

    2013-01-01

    UK company insiders, such as directors, were legally allowed to trade in the shares of their own companies up until the Companies Act of 1980. This article investigates the trading behaviour of directors over the period 1890 to 1909 in the UK. It finds relatively few instances of directors who

  6. TRADING RULES ON A SMALL STOCK MARKET

    Directory of Open Access Journals (Sweden)

    Stefán B. Gunnlaugsson

    2018-03-01

    Full Text Available In this article, the results of an extensive study of the weak form efficiency of the Iceland stock market are presented. This study almost covers the market’s entire history, with the research starting at the beginning of 1993 and ending in July 2017. Four trading rules based on 70-day moving averages were constructed and compared with the passive investment strategy of buying the market index. All of these trading rules provided significantly better returns than the passive strategy, even when considering trading costs. This result indicates that the Icelandic stock market did not show weak form efficiency, and past returns predicted future returns during the period examined.

  7. 16 CFR 1.8 - Nature, authority and use of trade regulation rules.

    Science.gov (United States)

    2010-01-01

    ... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Nature, authority and use of trade regulation rules. 1.8 Section 1.8 Commercial Practices FEDERAL TRADE COMMISSION ORGANIZATION, PROCEDURES AND... Nature, authority and use of trade regulation rules. (a) For the purpose of carrying out the provisions...

  8. International Trade: Rules of Origin

    National Research Council Canada - National Science Library

    Jones, Vivian C; Martin, Michael F

    2008-01-01

    ...), used to determine the country of origin of merchandise entering the U.S. market, can be very simple, noncontroversial tools of international trade as long as all of the parts of a product are manufactured and assembled primarily in one country...

  9. Trade, trust and the rule of law

    NARCIS (Netherlands)

    Yu, Shu; Beugelsdijk, Sjoerd; de Haan, Jakob

    Well-functioning institutions, both formal (i.e. rule of law) and informal (i.e. trust), facilitate economic exchange. To investigate the nature of the relationship between formal and informal institutions, we analyze bilateral trade patterns in a sample of 16 European countries between 1996-2009.

  10. Corporate governance rules and insider trading profits

    NARCIS (Netherlands)

    Cziraki, P.; de Goeij, P.C.; Renneboog, L.D.R.

    2014-01-01

    We investigate patterns of abnormal stock performance around insider trades on the Dutch market. Listed firms in the Netherlands have a long tradition of limiting shareholders’ rights. Using a change in corporate governance regulations as a natural experiment, we show that governance rules have a

  11. Trade and investment rules for energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-09-15

    Rules that govern energy trade is an issue that has generated increasing concern everywhere, from the standpoint of both the security of supply for consumers and security of demand for suppliers. This concern reflects the importance of rules that comprehensively address the needs from supply and demand point of view and integrate the international fabric of energy trade. The GATT and the WTO Agreement define trans-border movement of energy but leave many aspects unclear, particularly as efforts accelerate to control carbon emissions. This timely report by a WEC Task Force of experts with legal standing in the energy business identifies the most pressing issues relating to energy trade and suggests actions and measures which, if implemented, would provide clarity and answer many questions. More importantly, these measures would strengthen the WTO and coming rounds of negotiations.

  12. The Effect of International Trade on Rule of Law

    Directory of Open Access Journals (Sweden)

    Junsok Yang

    2013-03-01

    Full Text Available In this paper, we look at the relationship between international trade and the rule of law, using the World Justice Project Rule of Law Index, which include index figures on human rights, limits on government powers, transparency and regulatory efficiency. Based on regression analyses using the rule of law index figures and international trade figures (merchandise trade, service trade, exports and importsIn this paper, we look at the relationship between international trade and the rule of law, using the World Justice Project Rule of Law Index, which include index figures on human rights, limits on government powers, transparency and regulatory efficiency. Based on regression analyses using the rule of law index figures and international trade figures (merchandise trade, service trade, exports and imports as percentage of GDP, international trade and basic human rights seem to have little relationship; but trade has a close positive relationship with strong order and security. Somewhat surprisingly, regulatory transparency and effective implementation seems to have little or no effect on international trade and vice versa. International trade shows a clear positive relationship with the country’s criminal justice system, but the relationship with the civil justice system is not as clear as such. For regulatory implementation and civil justice, services trade positively affect these institutions, but these institutions in turn affect exports more strongly than services trade. Finally, the effect of trade on rule of law is stronger on a medium to long term (10-20 year time horizon.

  13. 75 FR 60352 - Notice of Proposed Rulemaking: Mortgage Acts and Practices - Advertising Rule

    Science.gov (United States)

    2010-09-30

    ... Acts and Practices - Advertising Rule AGENCY: Federal Trade Commission (FTC or Commission). ACTION...) relating to unfair or deceptive acts and practices that may occur with regard to mortgage advertising, the Mortgage Acts and Practices (MAP) - Advertising Rule (proposed rule). The proposed rule published for...

  14. Profitability of simple stationary technical trading rules with high-frequency data of Chinese Index Futures

    Science.gov (United States)

    Chen, Jing-Chao; Zhou, Yu; Wang, Xi

    2018-02-01

    Technical trading rules have been widely used by practitioners in financial markets for a long time. The profitability remains controversial and few consider the stationarity of technical indicators used in trading rules. We convert MA, KDJ and Bollinger bands into stationary processes and investigate the profitability of these trading rules by using 3 high-frequency data(15s,30s and 60s) of CSI300 Stock Index Futures from January 4th 2012 to December 31st 2016. Several performance and risk measures are adopted to assess the practical value of all trading rules directly while ADF-test is used to verify the stationarity and SPA test to check whether trading rules perform well due to intrinsic superiority or pure luck. The results show that there are several significant combinations of parameters for each indicator when transaction costs are not taken into consideration. Once transaction costs are included, trading profits will be eliminated completely. We also propose a method to reduce the risk of technical trading rules.

  15. Rules-of-trade for international nuclear commerce

    International Nuclear Information System (INIS)

    Harris, W.R.

    1978-07-01

    The rules-of-trade are those treaties, laws, executive agreements, and implementing regulations that apply to international transfers of nuclear materials, equipment, technology, or skilled personnel. The rules-of-trade are a key element in assuring the international commerce that facilitates deployment of nuclear energy will not also facilitate the manufacture of nuclear explosive devices. But the rules must be pertinent, enforceable, and understandable. The two principal problems of current rules-of-trade concern their enforceability and their flexibility; these are discussed at some length. The following additional concerns are described briefly: fast breeder reactors, spent fuel management, nonconforming parties, eligibility for international financing, fair competition and equity, and pre-existing facilities

  16. Government Procurement : Market Access, Transparency, and Multilateral Trade Rules

    OpenAIRE

    Evenett, Simon J.; Hoekman, Bernard M.

    2004-01-01

    The authors examine the effects on national welfare and market access of two public procurement practices-discrimination against foreign suppliers of goods and services and nontransparency of the procedures used to allocate government contracts to firms. Both types of policies have become prominent in international trade negotiations, including the Doha Round of the World Trade Organization (WTO) trade talks. Traditionally, the focus of international trade agreements has been on market access...

  17. The liability rules under international GHG emissions trading

    International Nuclear Information System (INIS)

    Zhong Xiang Zhang

    2001-01-01

    Article 17 of the Kyoto Protocol authorizes emissions trading, but the rules governing emissions trading have been deferred to subsequent conferences. In designing and implementing an international greenhouse gas (GHG) emissions trading scheme, assigning liability rules has been considered to be one of the most challenging issues. In general, a seller-beware liability works well in a strong enforcement environment. In the Kyoto Protocol, however, it may not always work. By contrast, a buyer-beware liability could be an effective deterrent to non-compliance, but the costs of imposing it are expected to be very high. To strike a middle ground, we suggest a combination of preventive measures with strong but feasible end-of-period punishments to ensure compliance with the Kyoto emissions commitments. Such measures aim to maximize efficiency gains from emissions trading and at the same time, to minimize over-selling risks. (author)

  18. WTO law and economics and restrictive practices in energy trade : The case of the OPEC cartel

    NARCIS (Netherlands)

    Marhold, Anna

    2016-01-01

    The World Trade Organization cannot deal comprehensively with restrictive export practices maintained by energy cartels such as the OPEC. The main reason for this is the absence of competition rules in the multilateral trading system. However, in spite of the fact that the WTO does not have rules on

  19. 40 CFR Appendix C to Part 97 - Final Section 126 Rule: Trading Budget

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Final Section 126 Rule: Trading Budget... PROGRAMS (CONTINUED) FEDERAL NOX BUDGET TRADING PROGRAM AND CAIR NOX AND SO2 TRADING PROGRAMS Pt. 97, App. C Appendix C to Part 97—Final Section 126 Rule: Trading Budget ST F126-EGU F126-NEGU Total DC 207 26...

  20. Medical rosters and the Trade Practices Act.

    Science.gov (United States)

    Pengilley, Warren

    2003-04-07

    Medical rosters are not free of trade practices problems, notwithstanding assurances by the Australian Competition and Consumer Commission (ACCC). Neither the ACCC nor the recently convened Wilkinson Committee has applied rigorous legal principles in interpreting the Trade Practices Act 1974 (Cwlth) to reach its conclusions. The Australian law should be changed to bring it into line with that of the United States and New Zealand.

  1. The Rules of Origin of Goods as an Instrument of the State Foreign Trade Policy

    Directory of Open Access Journals (Sweden)

    Storozhchuk Volodymyr M.

    2018-01-01

    Full Text Available The article is aimed at analyzing the types of rules of origin of goods, existing in the international practice, and approaches to assess their impact on the foreign trade flows. The article considers two types of rules for determining the country of origin of goods used in the international practice: non-preferential and preferential. The main characteristics of the non-preferential rules of origin and peculiarities of their application in Ukraine are defined and systematized. The article defines the priority functions of the customs tariff, subject to the use of non-preferential rules of origin of goods, to which are classified: protective, fiscal, and regulatory. The criteria used in the non-preferential rules of origin of goods have been considered. It has been substantiated that the priority functions of the customs tariff subject to the use of preferential rules of origin of goods are the integration and progressive functions. The criteria used in the preferential rules of origin of goods have been considered. Based on the results of the analysis of the rules of origin of goods, it has been substantiated that their use can be considered as a restrictive or an incentive tool of the State foreign trade policy. It has been shown that of special importance, in the context of Ukraine’s integration into the global value chains, is the goods’ acquisition of the status of preferential origin in accordance with the criterion of diagonal cumulation within the framework of the Regional Pan-Euro-Med Convention, which requires Ukraine to conclude a number of bilateral agreements with the identical preferential rules of origin of goods.

  2. The fight against corruption in international trade: challenges and prospects for WTO rules

    Directory of Open Access Journals (Sweden)

    Luciana Dutra de Oliveira Silveira

    2016-12-01

    Full Text Available The economic globalization and market opening process initiated in the early 1990s generated several effects, among them, the growth of opportunities for the practice of corruption in the field of international trade. The present article addresses this debate aiming to discuss the challenges to improve multilateral anti-corruption rules and suggest possible mechanisms that allow a more engaged participation of the WTO in the anticorruption movement.

  3. 26 CFR 1.1445-8 - Special rules regarding publicly traded partnerships, publicly traded trusts and real estate...

    Science.gov (United States)

    2010-04-01

    ... partnerships, publicly traded trusts and real estate investment trusts (REITs). 1.1445-8 Section 1.1445-8... estates upon the disposition of U.S. real property interests. Except as otherwise provided in this... Bonds § 1.1445-8 Special rules regarding publicly traded partnerships, publicly traded trusts and real...

  4. 78 FR 8550 - Relocation of Regulations and Rulings, Office of International Trade

    Science.gov (United States)

    2013-02-06

    ... Rulings, Office of International Trade AGENCY: U.S. Customs and Border Protection, Department of Homeland... International Trade, of the U.S. Customs and Border Protection (CBP) is relocating its office from the U.S. Mint... correspondence directed to the Regulations and Rulings, Office of International Trade, including mailed comments...

  5. 77 FR 76854 - Temporary Rule Regarding Principal Trades With Certain Advisory Clients

    Science.gov (United States)

    2012-12-31

    ... 3235-AL28 Temporary Rule Regarding Principal Trades With Certain Advisory Clients AGENCY: Securities... transactions with certain of their advisory clients. The amendment extends the date on which rule 206(3)- 3T... releases used RIN 3235-AJ96. (See Temporary Rule Regarding Principal Trades with Certain Advisory Clients...

  6. Rules for congestion management. Evaluation of available of capacity and possibilities for increased counter trade

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-08-01

    In the Nordic electricity market, congestion is currently managed using two methods: a combination of price areas (market splitting) and counter-trade. In the planning phase (one day ahead) the main method employed is market splitting, although moving internal bottlenecks to the country border and domestic counter-trade are also used to some degree. Congestion is solved through counter- trade in the operating phase (during the day). In spring 2002, Nordel published a report with proposals for possible changes in Nordic congestion management. The main proposal was to introduce new price areas in the spot market and let the borders of price areas coincide with the physical borders of congestion in the transmission network to a greater degree. It was also proposed to increase the use of counter-trade. Based on feedback from Nordic market players, Nordel decided to carry on the work with congestion management in a new ad hoc group. The group's mandate was a Nordic harmonization of rules and practices for congestion management and a socio-economically efficient utilisation of the transmission grid capacity. Furthermore, the group was asked to investigate how to ensure optimal availability of capacity and to look into the possibilities of increasing usage of counter-trade. The ad hoc working group results are presented in this report. Among the conclusions drawn from the investigations are: 1) A limited increase of counter-trade in the planning phase is feasible for temporary congestion in order to reduce the area price risks for the market players, 2) Market participants should be consulted to get their views on whether and to what extent counter-trade should be increased taking benefits and costs into account. The extent of counter-trade could e.g. be decided as a percentage of NCT with intact grid, 3) Nordel should consider a practice where counter-trading is used to prevent reductions in cross-border capacity due to maintenance, 4) The use of counter-trade in

  7. Rules for congestion management. Evaluation of availability of capacity and possibilities for increased counter trade

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-08-01

    In the Nordic electricity market, congestion is currently managed using two methods: a combination of price areas (market splitting) and counter-trade. In the planning phase (one day ahead) the main method employed is market splitting, although moving internal bottlenecks to the country border and domestic counter-trade are also used to some degree. Congestion is solved through counter- trade in the operating phase (during the day). In spring 2002, Nordel published a report with proposals for possible changes in Nordic congestion management. The main proposal was to introduce new price areas in the spot market and let the borders of price areas coincide with the physical borders of congestion in the transmission network to a greater degree. It was also proposed to increase the use of counter-trade. Based on feedback from Nordic market players, Nordel decided to carry on the work with congestion management in a new ad hoc group. The group's mandate was a Nordic harmonization of rules and practices for congestion management and a socio-economically efficient utilisation of the transmission grid capacity. Furthermore, the group was asked to investigate how to ensure optimal availability of capacity and to look into the possibilities of increasing usage of counter-trade. The ad hoc working group results are presented in this report. Among the conclusions drawn from the investigations are: 1) A limited increase of counter-trade in the planning phase is feasible for temporary congestion in order to reduce the area price risks for the market players, 2) Market participants should be consulted to get their views on whether and to what extent counter-trade should be increased taking benefits and costs into account. The extent of counter-trade could e.g. be decided as a percentage of NCT with intact grid, 3) Nordel should consider a practice where counter-trading is used to prevent reductions in cross-border capacity due to maintenance, 4) The use of counter-trade in

  8. Rules for congestion management. Evaluation of availability of capacity and possibilities for increased counter trade

    International Nuclear Information System (INIS)

    2004-08-01

    In the Nordic electricity market, congestion is currently managed using two methods: a combination of price areas (market splitting) and counter-trade. In the planning phase (one day ahead) the main method employed is market splitting, although moving internal bottlenecks to the country border and domestic counter-trade are also used to some degree. Congestion is solved through counter- trade in the operating phase (during the day). In spring 2002, Nordel published a report with proposals for possible changes in Nordic congestion management. The main proposal was to introduce new price areas in the spot market and let the borders of price areas coincide with the physical borders of congestion in the transmission network to a greater degree. It was also proposed to increase the use of counter-trade. Based on feedback from Nordic market players, Nordel decided to carry on the work with congestion management in a new ad hoc group. The group's mandate was a Nordic harmonization of rules and practices for congestion management and a socio-economically efficient utilisation of the transmission grid capacity. Furthermore, the group was asked to investigate how to ensure optimal availability of capacity and to look into the possibilities of increasing usage of counter-trade. The ad hoc working group results are presented in this report. Among the conclusions drawn from the investigations are: 1) A limited increase of counter-trade in the planning phase is feasible for temporary congestion in order to reduce the area price risks for the market players, 2) Market participants should be consulted to get their views on whether and to what extent counter-trade should be increased taking benefits and costs into account. The extent of counter-trade could e.g. be decided as a percentage of NCT with intact grid, 3) Nordel should consider a practice where counter-trading is used to prevent reductions in cross-border capacity due to maintenance, 4) The use of counter-trade in the

  9. Accounting principles, reporting rules, and payment practices.

    Science.gov (United States)

    Kovener, R R

    1979-12-01

    Misconceptions concerning the distinction between accounting principles, reporting rules, and payment practices and how they interrelate can lessen the effectiveness of hospital financial managers in these areas/clarification and recommendations are offered.

  10. Testing the performance of technical trading rules in the Chinese markets based on superior predictive test

    Science.gov (United States)

    Wang, Shan; Jiang, Zhi-Qiang; Li, Sai-Ping; Zhou, Wei-Xing

    2015-12-01

    Technical trading rules have a long history of being used by practitioners in financial markets. The profitable ability and efficiency of technical trading rules are yet controversial. In this paper, we test the performance of more than seven thousand traditional technical trading rules on the Shanghai Securities Composite Index (SSCI) from May 21, 1992 through June 30, 2013 and China Securities Index 300 (CSI 300) from April 8, 2005 through June 30, 2013 to check whether an effective trading strategy could be found by using the performance measurements based on the return and Sharpe ratio. To correct for the influence of the data-snooping effect, we adopt the Superior Predictive Ability test to evaluate if there exists a trading rule that can significantly outperform the benchmark. The result shows that for SSCI, technical trading rules offer significant profitability, while for CSI 300, this ability is lost. We further partition the SSCI into two sub-series and find that the efficiency of technical trading in sub-series, which have exactly the same spanning period as that of CSI 300, is severely weakened. By testing the trading rules on both indexes with a five-year moving window, we find that during the financial bubble from 2005 to 2007, the effectiveness of technical trading rules is greatly improved. This is consistent with the predictive ability of technical trading rules which appears when the market is less efficient.

  11. WTO rules and practices for transparency and engagement with civil society organizations

    OpenAIRE

    Perez-Esteve, Maria

    2012-01-01

    In a rapidly changing trade environment, marked by economic slowdown and impasse in the Doha Round, the success of the WTO in promoting and legitimizing the rules-based multilateral trading system rests, to a large extent, on maintaining effective relations with civil society, including non-governmental organisations. This paper provides an overview of the WTO's rules and practices for transparency and engagement with NGOs. First, it looks at both internal and external transparency. Second, i...

  12. To the Federal Trade Commission in the Matter of a Trade Regulation Rule on Over-the-Counter Drug Advertising.

    Science.gov (United States)

    Council on Children, Media, and Merchandising, Washington, DC.

    This report supports amending the proposed Federal Trade Commission (FTC) Rule on Over-the Counter (OTC) Drug Advertising to insure better protection for children, illiterate populations, the deaf and the blind, from advertising on the air-waves. Several points are addressed: (1) the difficulties of combining the rule making schedules of the Food…

  13. Heuristic Portfolio Trading Rules with Capital Gain Taxes

    DEFF Research Database (Denmark)

    Fischer, Marcel; Gallmeyer, Michael

    in some cases. Overlaying simple tax trading heuristics on these trading strategies improves out-of-sample performance. In particular, the 1/N trading strategy's welfare gains improve when a variety of tax trading heuristics are also imposed. For medium to large transaction costs, no trading strategy can...... outperform a 1/N trading strategy augmented with a tax heuristic, not even the most tax- and transaction-cost efficient buy-and-hold strategy. Overall, the best strategy is 1/N augmented with a heuristic that allows for a fixed deviation in absolute portfolio weights. Our results show that the best trading...

  14. Predictability of Technical Trading Rules: Evidence from the Taiwan Stock Market

    OpenAIRE

    Kung, James J.

    2009-01-01

    Using the Taiwan Stock Exchange Weighted Index from the first trading day in 1975 to the last trading day in 2007, we investigate the predictability of two popular technical rules (variable-length moving average and trading range breakout) in the Taiwan stock market and assess its bearing on market efficiency. Our results show that, for the two rules, returns from buy signals are generally higher than those from sell signals. In addition, they exhibit considerable predictive power over 1975-1...

  15. Heuristic Portfolio Trading Rules with Capital Gain Taxes

    DEFF Research Database (Denmark)

    Fischer, Marcel; Gallmeyer, Michael

    2016-01-01

    We study the out-of-sample performance of portfolio trading strategies used when an investor faces capital gain taxation and proportional transaction costs. Overlaying simple tax trading heuristics on trading strategies improves out-of-sample performance. For medium to large transaction costs......, no trading strategy can outperform a 1/N trading strategy augmented with a tax heuristic, not even the most tax and transaction cost-efficient buy-and-hold strategy. Overall, the best strategy is 1/N augmented with a heuristic that allows for a fixed deviation in absolute portfolio weights. Our results thus...... show that the best trading strategies balance diversification considerations and tax considerations....

  16. Profitability of simple technical trading rules of Chinese stock exchange indexes

    Science.gov (United States)

    Zhu, Hong; Jiang, Zhi-Qiang; Li, Sai-Ping; Zhou, Wei-Xing

    2015-12-01

    Although technical trading rules have been widely used by practitioners in financial markets, their profitability still remains controversial. We here investigate the profitability of moving average (MA) and trading range break (TRB) rules by using the Shanghai Stock Exchange Composite Index (SHCI) from May 21, 1992 through December 31, 2013 and Shenzhen Stock Exchange Component Index (SZCI) from April 3, 1991 through December 31, 2013. The t-test is adopted to check whether the mean returns which are conditioned on the trading signals are significantly different from unconditioned returns and whether the mean returns conditioned on the buy signals are significantly different from the mean returns conditioned on the sell signals. We find that TRB rules outperform MA rules and short-term variable moving average (VMA) rules outperform long-term VMA rules. By applying White's Reality Check test and accounting for the data snooping effects, we find that the best trading rule outperforms the buy-and-hold strategy when transaction costs are not taken into consideration. Once transaction costs are included, trading profits will be eliminated completely. Our analysis suggests that simple trading rules like MA and TRB cannot beat the standard buy-and-hold strategy for the Chinese stock exchange indexes.

  17. Regional trade agreements & procurement rules : facilitators or hindrances?

    OpenAIRE

    ANDERSON, Robert D.; MÜLLER, Anna Caroline; PELLETIER, Philippe

    2015-01-01

    This Working Paper considers the significance of government procurement chapters in regional trade agreements (RTAs), both in their own right and vis-à-vis the WTO Agreement on Government Procurement (GPA). The paper finds, inter alia, that: (i) a strong complementarity exists between government procurement trade commitments and general goods and services trade commitments, making integration of procurement commitments in a more general system such as the WTO Agreements desirable; (ii) govern...

  18. Forecasting Ability But No Profitability: An Empirical Evaluation of Genetic Algorithm-optimised Technical Trading Rules

    OpenAIRE

    Pereira, Robert

    1999-01-01

    This paper evaluates the performance of several popular technical trading rules applied to the Australian share market. The optimal trading rule parameter values over the in-sample period of 4/1/82 to 31/12/89 are found using a genetic algorithm. These optimal rules are then evaluated in terms of their forecasting ability and economic profitability during the out-of-sample period from 2/1/90 to the 31/12/97. The results indicate that the optimal rules outperform the benchmark given by a risk-...

  19. Ontario emissions trading code : emission reduction credit creation, recording and transfer rules, rules for renewable energy projects and conservation projects, and rules for the operation of the Ontario Emissions Trading Registry

    International Nuclear Information System (INIS)

    2001-12-01

    Emissions trading has been an integral part of Ontario's air quality strategy since December 31, 2001. Ontario has adopted the 'cap, credit and trade' type of emissions trading system, a hybrid that takes the best features of pure 'cap-and-trade' and 'baseline-and-credit' type systems. It covers nitric oxide and sulphur dioxide. The Ontario Emissions Trading Code supplements Ontario Regulation 397/01 and sets out rules for renewable energy projects and conservation projects for which applications for emission allowances can be made. This Code describes the rules for the creation and transfer of emission reduction credits (ERCs). It also explains the rules for the operation of the registry that has been established to provide information to the public about the emissions trading program and records decisions about credit creation and credit and allowance retirement. 3 tabs

  20. A practical rule for progressive buckling

    International Nuclear Information System (INIS)

    Clement, G.; Acker, D.; Lebey, J.

    1989-01-01

    Thin structures submitted to compressive loads must be carefully designed to avoid any risk of failure by buckling. When cyclic loadings are concerned, the question to assess their possible detrimental effect on the buckling resistance of thin structures arises. The aim of this paper is, first, to evidence that the critical buckling load may be notably lowered when cyclic strains are added to the compressive load and, secondly, to propose a practical rule of prevention against the failure due to the progressive buckling phenomenon. This rule is validated by the results of numerous tests related to the entire range of modes of buckling (i.e. from fully plastic to fully elastic). Practical cases of interest for its use would mainly be those where cyclic thermal stresses are involved. (orig.)

  1. A New Leader in Asian Free Trade Agreements? Chinese Style Global Trade: New Rules, No Labor Protections

    OpenAIRE

    Brown, Ronald C.

    2017-01-01

    In 2017, after the election of Donald Trump and his subsequent language and actions surrounding global trade, Chinese President Xi Jinping took the world stage at the World Economic Forum’s Annual Meeting in a moment that led many to say he assumed the mantle of world leader on globalism and global trade, particularly in Asia. Previously, President Obama noted that the TPP presented an opportunity for the U.S., along with its partners, to write the rules of international trade with Asia-Pacif...

  2. Discursive mobile phone practices and informal rules

    OpenAIRE

    Lloyd, Clare

    2010-01-01

    This paper uses Discourse Analysis (DA) to investigate the socially constructed discursive practices of mobile phone use; specifically it examines the informal rules of mobile phone use. It qualitatively investigates mobile phone use within an Australian cultural context. „Discourse theory begins with the assumption that all objects and actions are meaningful, and that their meaning is a product of historically specific systems of rules‟ (Howarth 2000, p. 8). Evidence of soc...

  3. Government procurement, preferences and international trading rules : the South African case

    OpenAIRE

    DUBE, Memory; JOHANNES, Liezemarie; LEWIS, David

    2015-01-01

    This paper reviews the South African government procurement regime and asks whether adherence to international trading instruments and rules, and in particular the World Trade Organisation’s Government Procurement Agreement, would, and should, permit the maintenance of national policy criteria in the decision making matrix for procurement, whilst simultaneously enabling it to realise the efficiency gains of trade liberalisation. It also examines the likely impact, if any, that adherence to th...

  4. Liability rules for international trading of greenhouse gas emissions quotas

    DEFF Research Database (Denmark)

    Haites, E.; Missfeldt, F.

    2001-01-01

    To reduce the costs of mitigating greenhouse gas emissions in accordance with the Kyoto protocol, international trades of emissions quotas are allowed. The revenue from the sale of quotas may exceed the sanctions for non-compliance if these penalties are weak or poorly enforced. Under...... these circumstances emissions trading enables a country to benefit financially through non-compliance. To counter non-compliance due to trading a range of liability proposals have been suggested. Using a simple global model, we analyze the economic and environmental performance of these proposals for the first...

  5. To the Federal Trade Commission in the Matter of a Trade Regulation Rule on Food/Nutrition Advertising.

    Science.gov (United States)

    Choate, Robert B.

    Food advertising and its effects on children are discussed in this document petitioning the Federal Trade Commission (FTC) to amend a proposed rule on food promotion for the benefit of children under twelve. Extensive information is presented on television food commercials and their influence on children's nutritional beliefs and eating habits.…

  6. The Cost of Technical Trading Rules in the Forex Market: A Utility-based Evaluation

    NARCIS (Netherlands)

    H.D.R. Dewachter (Hans); M. Lyrio (Marco)

    2003-01-01

    textabstractWe compute the opportunity cost for rational risk averse agents of using technical trading rules in the foreign exchange rate market. Our purpose is to investigate whether these rules can be interpreted as near-rational investment strategies for rational investors. We analyze four

  7. 75 FR 742 - Temporary Rule Regarding Principal Trades With Certain Advisory Clients

    Science.gov (United States)

    2010-01-06

    ... SECURITIES AND EXCHANGE COMMISSION 17 CFR Part 275 [Release No. IA-2965A; File No. S7-23-07] RIN 3235-AJ96 Temporary Rule Regarding Principal Trades With Certain Advisory Clients AGENCY: Securities... transactions with certain of their advisory clients. As adopted, the only change to the rule was the expiration...

  8. Performance of technical trading rules: evidence from Southeast Asian stock markets.

    Science.gov (United States)

    Tharavanij, Piyapas; Siraprapasiri, Vasan; Rajchamaha, Kittichai

    2015-01-01

    This paper examines the profitability of technical trading rules in the five Southeast Asian stock markets. The data cover a period of 14 years from January 2000 to December 2013. The instruments investigated are five Southeast Asian stock market indices: SET index (Thailand), FTSE Bursa Malaysia KLC index (Malaysia), FTSE Straits Times index (Singapore), JSX Composite index (Indonesia), and PSE composite index (the Philippines). Trading strategies investigated include Relative Strength Index, Stochastic oscillator, Moving Average Convergence-Divergence, Directional Movement Indicator and On Balance Volume. Performances are compared to a simple Buy-and-Hold. Statistical tests are also performed. Our empirical results show a strong performance of technical trading rules in an emerging stock market of Thailand but not in a more mature stock market of Singapore. The technical trading rules also generate statistical significant returns in the Malaysian, Indonesian and the Philippine markets. However, after taking transaction costs into account, most technical trading rules do not generate net returns. This fact suggests different levels of market efficiency among Southeast Asian stock markets. This paper finds three new insights. Firstly, technical indicators does not help much in terms of market timing. Basically, traders cannot expect to buy at a relative low price and sell at a relative high price by just using technical trading rules. Secondly, technical trading rules can be beneficial to individual investors as they help them to counter the behavioral bias called disposition effects which is the tendency to sell winning stocks too soon and holding on to losing stocks too long. Thirdly, even profitable strategies could not reliably predict subsequent market directions. They make money from having a higher average profit from profitable trades than an average loss from unprofitable ones.

  9. WORLD TRADE ORGANIZATION: Observations on China's Rule of Law Reforms

    National Research Council Canada - National Science Library

    Westin, Susan

    2002-01-01

    .... In addition, China has made a substantial number of other WTO commitments related to the rule of law areas of transparency, judicial review, uniform enforcement of laws, and nondiscriminatory treatment...

  10. 76 FR 51308 - Retail Food Store Advertising and Marketing Practices Rule

    Science.gov (United States)

    2011-08-18

    ... retail food stores of products for sale at a stated price. You can file a comment online or on paper. For... FEDERAL TRADE COMMISSION 16 CFR Part 424 Retail Food Store Advertising and Marketing Practices..., and regulatory and economic impact of the FTC's rule for ``Retail Food Store Advertising and Marketing...

  11. A New Trend-Following Indicator: Using SSA to Design Trading Rules

    Science.gov (United States)

    Leles, Michel Carlo Rodrigues; Mozelli, Leonardo Amaral; Guimarães, Homero Nogueira

    Singular Spectrum Analysis (SSA) is a non-parametric approach that can be used to decompose a time-series as trends, oscillations and noise. Trend-following strategies rely on the principle that financial markets move in trends for an extended period of time. Moving Averages (MAs) are the standard indicator to design such strategies. In this study, SSA is used as an alternative method to enhance trend resolution in comparison with the traditional MA. New trading rules using SSA as indicator are proposed. This paper shows that for the Down Jones Industrial Average (DJIA) and Shangai Securities Composite Index (SSCI) time-series the SSA trading rules provided, in general, better results in comparison to MA trading rules.

  12. Performance of technical trading rules: evidence from Southeast Asian stock markets

    OpenAIRE

    Tharavanij, Piyapas; Siraprapasiri, Vasan; Rajchamaha, Kittichai

    2015-01-01

    This paper examines the profitability of technical trading rules in the five Southeast Asian stock markets. The data cover a period of 14 years from January 2000 to December 2013. The instruments investigated are five Southeast Asian stock market indices: SET index (Thailand), FTSE Bursa Malaysia KLC index (Malaysia), FTSE Straits Times index (Singapore), JSX Composite index (Indonesia), and PSE composite index (the Philippines). Trading strategies investigated include Relative Strength Index...

  13. Unilateral action by the EC against unfair trade practices

    OpenAIRE

    Großmann, Harald

    1993-01-01

    The European Community has a variety of instruments at its disposal to counter unfair trade practices, but there has long been considerable disagreement within the Community as to when and where they should be applied. To what extent would such measures endanger the benefits of international trade? Can any positive effects be expected?

  14. Navajo Pawn: A Misunderstood Traditional Trading Practice

    Science.gov (United States)

    Kiser, William S.

    2012-01-01

    Navajo trading has been a crucial component of that tribe's localized economy for generations and has been the subject of much scholarship over the years. The role of the Navajo trader in influencing the types and styles of crafts that Navajos created as well as providing tribal members with an outlet for those items remains important to their…

  15. Trade rules and exchange rate misalignments: in search for a WTO solution

    Directory of Open Access Journals (Sweden)

    Vera Thorstensen

    2014-09-01

    Full Text Available The debate on the link between trade rules and rules on exchange rates is raising the attention of experts on international trade law and economics. The main purpose of this paper is to analyze the impacts of exchange rate misalignments on tariffs as applied by the WTO - World Trade Organization. It is divided into five sections: the first one explains the methodology used to determine exchange rate misalignments and also presents its results for Brazil, U.S. and China; the second summarizes the methodology applied to calculate the impacts of exchange rate misalignments on the level of tariff protection through an exercise of "misalignment tariffication"; the third examines the effects of exchange rate variations on tariffs and their consequences for the multilateral trading system; the fourth one creates a methodology to estimate exchange rates against a currency of the World and a proposal to deal with persistent and significant misalignments related to trade rules. The conclusions are present in the last section.

  16. 77 FR 62185 - Temporary Rule Regarding Principal Trades With Certain Advisory Clients

    Science.gov (United States)

    2012-10-12

    ... 3235-AJ96 Temporary Rule Regarding Principal Trades With Certain Advisory Clients AGENCY: Securities... principal capacity in transactions with certain of their advisory clients. The amendment would extend the... Advisers Act when they act in a principal capacity in transactions with certain of their advisory clients...

  17. 75 FR 75650 - Temporary Rule Regarding Principal Trades With Certain Advisory Clients

    Science.gov (United States)

    2010-12-06

    ... 3235-AJ96 Temporary Rule Regarding Principal Trades With Certain Advisory Clients AGENCY: Securities... principal capacity in transactions with certain of their advisory clients. The amendment would extend the... Advisers Act when they act in a principal capacity in transactions with certain of their advisory clients...

  18. Feasibility of automatic evaluation of clinical rules in general practice.

    NARCIS (Netherlands)

    Opondo, D.; Visscher, S.; Eslami, S.; Medlock, S.; Verheij, R.; Korevaar, J.C.; Abu-Hanna, A.

    2017-01-01

    Purpose: To assess the extent to which clinical rules (CRs) can be implemented for automatic evaluationof quality of care in general practice.Methods: We assessed 81 clinical rules (CRs) adapted from a subset of Assessing Care of Vulnerable Elders(ACOVE) clinical rules, against Dutch College of

  19. Development of the International Trade in Terms of Incoterms 2010 Rules

    Directory of Open Access Journals (Sweden)

    Lucia PALIU - POPA

    2012-04-01

    Full Text Available It is known that the world economy provides the entrepreneurs a wide range of functional integration in foreign trade systems, but these commercial transactions are subject to common rules established and uniformly applied throughout the world. In the context of the importance of time or place of the transfer of ownership from seller to buyer, in carrying out intra-Community and international trade, time that also influences the price of goods, as now and then there takes place the transfer and the acquisition of costs and of the risk that the delivery involves, in this paper we will analyse the new delivery terms used in foreign trade, regulated under the name of Incoterms 2010, after which analysis we will issue opinions on the benefits of the proper use of such rules.

  20. Coordinating quality practices in Direct Trade coffee

    DEFF Research Database (Denmark)

    Holland, Emil; Kjeldsen, Chris; Kerndrup, Søren

    2016-01-01

    Over the past few decades, many food niches have emerged with a specific focus on quality. In specialty coffee, micro roasters have brought about Direct Trade coffee as a way of organising an alternative around new tastes and qualities through ongoing and ‘direct’ relations to farmers...... and cooperatives. But Direct Trade also involves exporters. We ask, how do exporters and roasters work together in these new coffee relations, and what do they work on? We observe and participate in a situation where Colombian coffee exporters visit Danish roasters. They tour the roasting facilities and taste...... a number of coffees. Often, the term power is used to analyse such value chain interactions, but we argue that the term coordination better opens up these interactions for exploration and analysis. What emerges is a coordination of quality. Through touring and tasting, issues emerge and differences...

  1. Rules of the game under development for firewood trade

    International Nuclear Information System (INIS)

    Ihonen, M.

    1997-01-01

    The TTS-Institute is conducting a project which is part of the National Bioenergy research programme on the measurement of the quantity and quality of the firewood. The objective of the project is to formulate recommendations for the measurement and quality requirements of firewood and for a uniform measurement practice. The foremost results will be published in the form of a guidebook which is intended to serve firewood entrepreneurs and their clientele. held tests were conducted to determine conversion factors for loose volumes of split logs and chopped firewood and the matters affecting these (i.e. quality of the raw material tree diameter, the manner of stacking, the size and moisture content of the firewood). The study also looked into the effect of the firewood type, see of the measurement box and manner of loading on the loose density of a firewood stack. The measurement of the amount of firewood based on volume is more appropriate than the weight-based method. The use of the method based on weight is constrained by the lack of a reliable hygrometer suitable for field use. Instruments designed for measuring the moisture of sawn goods are suitable for dry firewood. The said instruments are less reliable when dealing with freshly split firewood. The precision of measurements depends, among other things, on the manner of measurement and measurement conditions, which are difficult to standardise in practice. (orig.)

  2. Emission trading and Kyoto's protocol: discussions concerning rules and international coordination

    International Nuclear Information System (INIS)

    Baron, R.

    2000-01-01

    The Kyoto Protocol of the Climate Convention introduced the possibility to trade greenhouse gas emission reductions among industrialized countries, as a means to reduce the total cost of achieving the agreed emission goals. The rules for this international co-ordination regime are still debated, even if its principle is generally agreed. This article, written before the negotiation in the Hague, summarizes how the notion of emission trading made its way in the Framework Convention on Climate Change. The authors show what economic gains could realistically be expected from emission trading, based on macro-economic modelling results and a simulation of trading in the conditions of the Kyoto Protocol. They stress the critical contribution that emission trading could make, provided that the Protocol's environmental basis is not undermined. In the end, the negotiation collapsed over this issue. Beyond this near-term obstacle, the international emission trading system represents a significant progress towards an efficient resolution of man-made global climate change. (author)

  3. Methods of Information Subjects and Objects Interaction Rules Formalization in the Electronic Trading Platform System

    Directory of Open Access Journals (Sweden)

    Emma Emanuilova Yandybaeva

    2015-03-01

    Full Text Available The methods of information subjects and objects interaction rules formalization in the electronic trading platform system has been developed. They are based on mathematical model of mandatory role-based access control. As a result of the work we have defined set of user roles and constructed roles hierarchy. For the roles hierarchy restrictions have been imposed to ensure the safety of the information system.

  4. A Stock Trading Recommender System Based on Temporal Association Rule Mining

    Directory of Open Access Journals (Sweden)

    Binoy B. Nair

    2015-04-01

    Full Text Available Recommender systems capable of discovering patterns in stock price movements and generating stock recommendations based on the patterns thus discovered can significantly supplement the decision-making process of a stock trader. Such recommender systems are of great significance to a layperson who wishes to profit by stock trading even while not possessing the skill or expertise of a seasoned trader. A genetic algorithm optimized Symbolic Aggregate approXimation (SAX–Apriori based stock trading recommender system, which can mine temporal association rules from the stock price data set to generate stock trading recommendations, is presented in this article. The proposed system is validated on 12 different data sets. The results indicate that the proposed system significantly outperforms the passive buy-and-hold strategy, offering scope for a layperson to successfully invest in capital markets.

  5. Trading Rules on Stock Markets Using Genetic Network Programming with Reinforcement Learning and Importance Index

    Science.gov (United States)

    Mabu, Shingo; Hirasawa, Kotaro; Furuzuki, Takayuki

    Genetic Network Programming (GNP) is an evolutionary computation which represents its solutions using graph structures. Since GNP can create quite compact programs and has an implicit memory function, it has been clarified that GNP works well especially in dynamic environments. In addition, a study on creating trading rules on stock markets using GNP with Importance Index (GNP-IMX) has been done. IMX is a new element which is a criterion for decision making. In this paper, we combined GNP-IMX with Actor-Critic (GNP-IMX&AC) and create trading rules on stock markets. Evolution-based methods evolve their programs after enough period of time because they must calculate fitness values, however reinforcement learning can change programs during the period, therefore the trading rules can be created efficiently. In the simulation, the proposed method is trained using the stock prices of 10 brands in 2002 and 2003. Then the generalization ability is tested using the stock prices in 2004. The simulation results show that the proposed method can obtain larger profits than GNP-IMX without AC and Buy&Hold.

  6. Derivation of Optimal Operating Rules for Large-scale Reservoir Systems Considering Multiple Trade-off

    Science.gov (United States)

    Zhang, J.; Lei, X.; Liu, P.; Wang, H.; Li, Z.

    2017-12-01

    Flood control operation of multi-reservoir systems such as parallel reservoirs and hybrid reservoirs often suffer from complex interactions and trade-off among tributaries and the mainstream. The optimization of such systems is computationally intensive due to nonlinear storage curves, numerous constraints and complex hydraulic connections. This paper aims to derive the optimal flood control operating rules based on the trade-off among tributaries and the mainstream using a new algorithm known as weighted non-dominated sorting genetic algorithm II (WNSGA II). WNSGA II could locate the Pareto frontier in non-dominated region efficiently due to the directed searching by weighted crowding distance, and the results are compared with those of conventional operating rules (COR) and single objective genetic algorithm (GA). Xijiang river basin in China is selected as a case study, with eight reservoirs and five flood control sections within four tributaries and the mainstream. Furthermore, the effects of inflow uncertainty have been assessed. Results indicate that: (1) WNSGA II could locate the non-dominated solutions faster and provide better Pareto frontier than the traditional non-dominated sorting genetic algorithm II (NSGA II) due to the weighted crowding distance; (2) WNSGA II outperforms COR and GA on flood control in the whole basin; (3) The multi-objective operating rules from WNSGA II deal with the inflow uncertainties better than COR. Therefore, the WNSGA II can be used to derive stable operating rules for large-scale reservoir systems effectively and efficiently.

  7. 76 FR 19022 - Rules of Practice and Procedure

    Science.gov (United States)

    2011-04-06

    ... rule provides that ``the date of filing shall be either the date on which the pleading, document, or... in the FRCP, giving due regard to the differences in the nature of the proceedings and practice...

  8. Radiology now. The ten day rule - principles and practice

    Energy Technology Data Exchange (ETDEWEB)

    Carmichael, J H.E. [Broadgreen Hospital, Liverpool (UK); Warrick, C K

    1978-11-01

    The ten day rule recommends that non-urgent diagnostic radiography of the abdomen in women of child-bearing capacity should be confined to the pre-ovulatory phase of the menstrual cycle. Arguments for and against this rule are reviewed. The attitudes and organization of radiographic practice in the UK differ from those in the USA. Assessment of the evidence for the hazards involved leads to the conclusion that the continued application of the ten day rule should be strongly recommended as an essential part of good radiological and radiographic practice.

  9. 75 FR 68153 - To Adjust the Rules of Origin Under the United States-Bahrain Free Trade Agreement, Implement...

    Science.gov (United States)

    2010-11-04

    ...-Bahrain Free Trade Agreement, Implement Modifications to the Caribbean Basin Economic Recovery Act, and... Adjust the Rules of Origin Under the United States-Bahrain Free Trade Agreement, Implement Modifications to the Caribbean Basin Economic Recovery Act, and for Other Purposes By the President of the United...

  10. 17 CFR 275.206(3)-3T - Temporary rule for principal trades with certain advisory clients.

    Science.gov (United States)

    2010-04-01

    ... trades with certain advisory clients. 275.206(3)-3T Section 275.206(3)-3T Commodity and Securities... 1940 § 275.206(3)-3T Temporary rule for principal trades with certain advisory clients. (a) An..., sells to or purchases from an advisory client any security if: (1) The investment adviser exercises no...

  11. 76 FR 64803 - Rules of Adjudication and Enforcement

    Science.gov (United States)

    2011-10-19

    ... INTERNATIONAL TRADE COMMISSION 19 CFR Part 210 [Docket No. MISC-032] Rules of Adjudication and Enforcement AGENCY: International Trade Commission ACTION: Final rule. SUMMARY: The United States International Trade Commission (``Commission'') amends its Rules of Practice and Procedure concerning rules of...

  12. On the use of exchange rates as trading rules in a bilateral system of transferable discharge permits

    International Nuclear Information System (INIS)

    Rodriguez, F.

    2000-01-01

    The use of a system of transferable discharge permits to control the harmful effects of non-uniformly mixed pollutants requires the application of trading rules in order to prevent permit trading among sources from violating environmental standards. The elements and properties of bilateral trading rules can be analyzed more easily once formulated as exchange rates, which would convert, in a cost-effective way, the emission right potentially given up by the seller into an offsetting emission right acquired by the buyer. In this article, a new expression for such exchange rates is proposed and then analyzed to infer some unexplored properties of the system. 8 refs

  13. Congestion management rules and trading strategies in the Spanish electricity market

    Energy Technology Data Exchange (ETDEWEB)

    Furio, Dolores; Lucia, Julio J. [Departamento de Economia Financiera y Actuarial, Universidad de Valencia, Avda. Los Naranjos, s/n, 46022 - Valencia (Spain)

    2009-01-15

    This paper analyses the economic incentives embodied in the rules governing the resolution of transmission constraints in the Spanish wholesale electricity market and the way these incentives may have influenced on the trading behaviour of both the generators and the demand side. The evidence obtained is consistent with them responding to these incentives. In particular, buyers would respond to the way congestion costs are billed to them by abandoning the daily market in favour of the intraday market as far as possible. Additionally, some strategic generators may have been prompted the system operator to require them to inject electricity into the system to solve network congestions. Finally, these results may contribute to shed light on what should be expected of the reform in the aforementioned rules. (author)

  14. Congestion management rules and trading strategies in the Spanish electricity market

    International Nuclear Information System (INIS)

    Furio, Dolores; Lucia, Julio J.

    2009-01-01

    This paper analyses the economic incentives embodied in the rules governing the resolution of transmission constraints in the Spanish wholesale electricity market and the way these incentives may have influenced on the trading behaviour of both the generators and the demand side. The evidence obtained is consistent with them responding to these incentives. In particular, buyers would respond to the way congestion costs are billed to them by abandoning the daily market in favour of the intraday market as far as possible. Additionally, some strategic generators may have been prompted the system operator to require them to inject electricity into the system to solve network congestions. Finally, these results may contribute to shed light on what should be expected of the reform in the aforementioned rules. (author)

  15. 19 CFR 177.1 - General ruling practice and definitions.

    Science.gov (United States)

    2010-04-01

    ... authority to represent is known, any person appearing before the Customs Service as an agent in connection... 19 Customs Duties 2 2010-04-01 2010-04-01 false General ruling practice and definitions. 177.1 Section 177.1 Customs Duties U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY...

  16. Remarks on Trade Usages And Business Practices In International Sales Law

    OpenAIRE

    Leonardo Graffi

    2011-01-01

    Trade usages and business practices are key elements of international commerce. In their day-to-day activities, traders and business people around the world constantly rely upon trade usages and business practices across a variety of industries. Usages and practices tend to be dignified by the business community with a status equivalent to that of actual law. As a matter of fact, many business persons often tend to regard trade usages and business practices as very powerful tools to ensure th...

  17. 76 FR 58716 - Telemarketing Sales Rule

    Science.gov (United States)

    2011-09-22

    ... FEDERAL TRADE COMMISSION 16 CFR Part 310 Telemarketing Sales Rule AGENCY: Federal Trade Commission... Telemarketing Sales Rule in the Federal Register on August 10, 2010 (75 FR 48458), with new provisions to..., Division of Marketing Practices, Bureau of Consumer Protection, Federal Trade Commission, Washington, DC...

  18. Critiquing the Transatlantic Trade and Investment Partnership (TTIP) : Systemic Consequences for Global Governance and the Rule of Law

    NARCIS (Netherlands)

    Larik, J.E.

    2016-01-01

    Considering the implications of the Transatlantic Trade and Investment Partnership (TTIP) for the architecture of global (economic) governance, including the international rule of law, the article addresses some of the most pertinent systemic consequences TTIP is likely to produce, based on the

  19. 7 CFR 989.62 - Authorization for prohibition of trade practices.

    Science.gov (United States)

    2010-01-01

    ... MARKETING SERVICE (Marketing Agreements and Orders; Fruits, Vegetables, Nuts), DEPARTMENT OF AGRICULTURE... committee or other information, that continuance of certain practices in trade channels would tend to...

  20. Labeling and advertising of home insulation. Final staff report to the Federal Trade Commission and proposed trade regulation rule (16 CFR Part 460)

    Energy Technology Data Exchange (ETDEWEB)

    1978-07-01

    Because insulation is a very difficult product for uniformed consumers to evaluate, there has been broad support for a rule requiring disclosure of information facilitating choices among insulation products. With information that the Recommended Rule will require, consumers will be able to compare the thermal properties of various types of insulation and make the best purchases. The FTC undertook this rulemaking effort and proposed a Rule on November 18, 1977. Hearings were conducted. Approximately 50 witnesses representing insulation manufacturers, contractors, trade associations, consumer and environmental groups, and state and Federal government agencies attended. As the record shows, without the Rule, some insulation industry members have failed to base R-value claims on tests or have extrapolated values from too-thin samples. Neither labels nor ads disclose R values; most do not explain R value; and the industry is not telling consumers about factors that often reduce insulation R values. Consumers are seldom told about performance characteristics of individual types of insulation. They are not advised that insulation is not always a good investment, or that their money might be more wisely spent on other conservation measures. The Rule addresses all of these problems. All aspects of the insulation industry and some consumer characteristics are summarized. (MCW)

  1. Discrete physics: Practice, representation and rules of correspondence

    International Nuclear Information System (INIS)

    Noyes, H.P.

    1988-07-01

    We make a brief historical review of some aspects of modern physics which we find most significant in our own endeavor. We discuss the ''Yukawa Vertices'' of elementary particle theory as used in laboratory practice, second quantized field theory, analytic S-Matrix theory and in our own approach. We review the conserved quantum numbers in the Standard Model of quarks and leptons. This concludes our presentation of the ''E-frame.'' We try to develop a self-consistent representation of our theory. We have already claimed that this approach provides a discrete reconciliation between the formal (representational) aspects of quantum mechanics and relativity. Also discussed are rules of correspondence connecting the formalism to the practice of physics by using the counter paradigm and event-based coordinates to construct relativistic quantum mechanics in a new way. 31 refs., 12 figs., 1 tab

  2. Discrete physics: Practice, representation and rules of correspondence

    Energy Technology Data Exchange (ETDEWEB)

    Noyes, H.P.

    1988-07-01

    We make a brief historical review of some aspects of modern physics which we find most significant in our own endeavor. We discuss the ''Yukawa Vertices'' of elementary particle theory as used in laboratory practice, second quantized field theory, analytic S-Matrix theory and in our own approach. We review the conserved quantum numbers in the Standard Model of quarks and leptons. This concludes our presentation of the ''E-frame.'' We try to develop a self-consistent representation of our theory. We have already claimed that this approach provides a discrete reconciliation between the formal (representational) aspects of quantum mechanics and relativity. Also discussed are rules of correspondence connecting the formalism to the practice of physics by using the counter paradigm and event-based coordinates to construct relativistic quantum mechanics in a new way. 31 refs., 12 figs., 1 tab.

  3. Rationalities in Trade Union Practices: A Discourse Analytic Perspective on The Strategies of Three Danish Trade Unions for Professionals

    Directory of Open Access Journals (Sweden)

    Anders Buch

    2015-01-01

    Full Text Available The ambition of this paper is to analyze the discursive practices of three Danish trade unions for professional and managerial staff as found in their strategy and position papers. Using discourse analytic methods, the paper analyzes, discusses, and compares the strategy papers of the three unions in order to investigate how they problematize their roles and objectives. This investigation clarifies the discursive premises of the unions and it shows how these premises restrain and afford their agendas. The overall purpose of the paper is to investigate and describe the dominant logics and rationalities that shape the documents and to point to their limits and bounds. Through an archaeological investigation, the paper critically examines the implicit and tacit naturalizations made in the documents and reveals the ideological presuppositions of the discursive practices of the authors. The paper documents how “strategic management” has become an integral part of Danish trade unions practices and the paper sets out to discuss this trend in relation to the general neo-liberal decentering of the “social” and promotion of “community” as the locus of governance. Through examples from the practices of the Danish trade unions for professionals, the paper substantiates how new technologies of governance and the subjectification of union members as “customers” tend to transform the role of the trade unions from the position of “political actors” to “service providers” in the advanced liberal societies.

  4. 29 CFR 102.39 - Rules of evidence controlling so far as practicable.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 2 2010-07-01 2010-07-01 false Rules of evidence controlling so far as practicable. 102.39 Section 102.39 Labor Regulations Relating to Labor NATIONAL LABOR RELATIONS BOARD RULES AND REGULATIONS... Hearings § 102.39 Rules of evidence controlling so far as practicable. Any such proceeding shall, so far as...

  5. Scalability of a Methodology for Generating Technical Trading Rules with GAPs Based on Risk-Return Adjustment and Incremental Training

    Science.gov (United States)

    de La Cal, E. A.; Fernández, E. M.; Quiroga, R.; Villar, J. R.; Sedano, J.

    In previous works a methodology was defined, based on the design of a genetic algorithm GAP and an incremental training technique adapted to the learning of series of stock market values. The GAP technique consists in a fusion of GP and GA. The GAP algorithm implements the automatic search for crisp trading rules taking as objectives of the training both the optimization of the return obtained and the minimization of the assumed risk. Applying the proposed methodology, rules have been obtained for a period of eight years of the S&P500 index. The achieved adjustment of the relation return-risk has generated rules with returns very superior in the testing period to those obtained applying habitual methodologies and even clearly superior to Buy&Hold. This work probes that the proposed methodology is valid for different assets in a different market than previous work.

  6. Associations between rule-based parenting practices and child screen viewing: A cross-sectional study

    Directory of Open Access Journals (Sweden)

    Joanna M. Kesten

    2015-01-01

    Conclusions: Limit setting is associated with greater SV. Collaborative rule setting may be effective for managing boys' game-console use. More research is needed to understand rule-based parenting practices.

  7. Practical Implementation of 10 Rules for Writing REST APIs

    Directory of Open Access Journals (Sweden)

    Jiri Hradil

    2017-01-01

    Full Text Available This paper shows a practical implementation of “10 Rules for Writing REST APIs introduced in the article” (Hradil, 2016. The application is done in Invoice Home (Wikilane, 2016, an invoicing web application for small business and entrepreneurs available world-wide. The API is implemented in JSON hypermedia format (ECMA International, 2016 and with Ruby on Rails framework (Hansson, 2016. The main purpose of the API is to allow connection of Invoice Home with external systems and offer Invoice Home data in simpler format compared to the current HTML format of the full-stack web application. The paper could be also used as a basic template or pattern for any other implementation of the JSON API in any web-based application.

  8. TRADE EFFECTS: REGULATORY, ACCOUNTING PRACTICES AND REPORTING OF INFORMATION RELATED

    Directory of Open Access Journals (Sweden)

    ARISTIŢA ROTILĂ

    2014-05-01

    Full Text Available It is known that within trade relations providers often credit customers for the value of goods or services which are the subject of conducted commercial transactions, this aspect being materialized in the issuance and acceptance of a trade effect. From the time of acceptance until maturity / settlement, trade effects should be reflected separately in the accounts and, to the extent that were not settled until the end of exercise, their value must be presented in the financial statements. Based on analysis of the Romanian accounting regulations, also taking into consideration the opinions expressed in specific literature concerning accounting reflection of trade effects, in this article we try to point out some aspects which, in our opinion, require clarification. We also want to point out some contradictions / inconsistencies regarding the reporting of information on the trade effects, specifically between the text of accounting regulations concerning the definition of accounting structures „cash and bank accounts” and “short term investments” and their contents when presented as positions in the balance sheet structure. In relation to the issues raised we try to prove the effects on the indicators concerning financial position and to make some suggestions that would have effects on Romanian accounting regulations, namely the improvement of financial reporting performed by the economic operators.

  9. 78 FR 22490 - Administrative Practice and Procedure; Postal Service; Review of Price Cap Rules

    Science.gov (United States)

    2013-04-16

    ...] Administrative Practice and Procedure; Postal Service; Review of Price Cap Rules AGENCY: Postal Regulatory Commission. ACTION: Proposed rule. SUMMARY: The Commission is initiating a review of its Price Cap Rules. The... implemented without a price cap calculation. Docket No. R2011-5, Order Approving Market Dominant Price...

  10. Application of innovative policies for controlling radionuclide releases: The {open_quotes}open-market trading rule{close_quotes}

    Energy Technology Data Exchange (ETDEWEB)

    Moeller, D.W. [Dade Moeller & Associates, Inc., New Bern, NC (United States)

    1997-08-01

    In the past, most efforts for reducing airborne radio nuclide releases and controlling radioactive wastes have been directed to the development of new and improved technologies. Little attention has been paid to the possible application to these problems of new, innovative policies. Yet, experience in other fields shows that such applications could be beneficial. A prime example is the {open_quotes}open-market trading rule,{close_quotes} now being widely used in the U.S. for the control of a range of environmental problems. Through this rule, nuclear facility operators would be permitted to control airborne emissions in a more cost-effective manner, and those responsible for decommissioning and decontaminating nuclear facilities no longer in operation could do so at far lower costs while generating significantly smaller volumes of radioactive wastes. Application of such a policy would also significantly reduce the demands on existing, and the need for research to develop new, improved, control technologies. 16 refs.

  11. On the design of invoicing practices in international trade

    NARCIS (Netherlands)

    J.M.A. Viaene (Jean-Marie); C.G. de Vries (Casper)

    1992-01-01

    textabstractWe advance an explanation for the choice of the invoice currency of international trade contracts on the basis of strategic bargaining considerations. The choice of the invoice currency originates in a situation in which each trader takes into account the other party's bargaining power.

  12. ANTIDUMPING RULES IN TRADE NEGOTIATIONS: THE CASE OF THE WESTERN HEMISPHERE

    Directory of Open Access Journals (Sweden)

    Germán A. de la Reza

    2006-07-01

    Full Text Available This paper studies antidumping trade negotiation in the Americas. It focuses on three important sides of the problem: the theoretical background of the antidumping effects on industry and consumers; the impact of the antidumping investigations in the inter-American trade, highlighting the concentration of costs on the small economies, and the alternatives voided to diminish the aggravation of the hemispheric asymmetries. The conclusion observes the importance of achieving a more-balanced negotiating outcome, taking into consideration both, economic and administrative disparities.

  13. 75 FR 3985 - Trade Regulation Rule Relating to Power Output Claims for Amplifiers Utilized in Home...

    Science.gov (United States)

    2010-01-26

    ..., Federal Trade Commission, Washington, DC 20580. SUPPLEMENTARY INFORMATION: I. Introduction The Commission... introduction of multichannel ``home theater'' equipment with five or more channels also has dramatically..., 197 (Focal Press 2007) (discussing the soundtrack for the beach landing scenes of the film Saving...

  14. 16 CFR 1.23 - Quantity limit rules.

    Science.gov (United States)

    2010-01-01

    ... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Quantity limit rules. 1.23 Section 1.23 Commercial Practices FEDERAL TRADE COMMISSION ORGANIZATION, PROCEDURES AND RULES OF PRACTICE GENERAL... Robinson-Patman Act. These rules have the force and effect of law. [32 FR 8444, June 13, 1967. Redesignated...

  15. Regulation of health practitioners by trade practices and fair trading legislation.

    Science.gov (United States)

    Freckelton, Ian

    2009-02-01

    In a variety of situations, particularly those characterised by commerciality, corporate structures and unregistered practitioners, there are major limitations to traditional regulation by health boards and councils, as well as hearings by external tribunals. Part of the difficulty lies with the ability of external bodies to award compensation to complainants/notifiers proved to have suffered adverse consequences from proven unprofessional conduct. This column advances suggestions for reform of the powers of external tribunals to redress this deficit. It also reviews the benefits of an associated form of regulation by the Australian Competition and Consumer Commission and offices of fair trading to enable consumer protection. It reviews recent decisions in the Federal Court of Australia and the Supreme Court of Victoria in such matters as well as recommendations in 2008 by the Victorian Health Services Commissioner.

  16. Fair Trade Practices in the Northwest Brazilian Amazon

    Directory of Open Access Journals (Sweden)

    Rafael D’Almeida Martins

    2011-10-01

    Full Text Available This paper describes and analyzes the Arte Baniwa project, a sustainable development project based on the production and commercialization of Baniwa indigenous basketwork with the support of the Instituto Socioambiental (ISA, a major NGO in Brazil. The project seeks to enhance the value of the Baniwa basketmaking tradition, increase production within the limits of the sustainable use of natural resources, generate income for indigenous producers and their political associations, and train indigenous leadership in the skills of business management. The methodology encompasses a literature review on fair trade and builds upon ethnographic and participative research methods. The narrative and analysis of the case study comprise a framework that is two-fold: first, it looks at existing inter-organizational tiers between actors and identifies the presence of two different logics within the project; second, it encompasses the reality of many emerging fair trade initiatives in Brazil which harness market forces to pursue local sustainable development. The paper argues that ISA has acted as a boundary organization by communicating, translating and mediating between traditional (indigenous knowledge and Western culture. By doing so, it was able to mobilize the project’s capacity to promote sustainable development.

  17. Online intermediation platforms and free trade principles : Some reflections on the Uber preliminary ruling case

    NARCIS (Netherlands)

    Geradin, Damien

    2016-01-01

    Commercial Court No 3 of Barcelona sent a request for a preliminary ruling to the CJEU regarding the extent to which Uber which operated its uberPOP service in Spain without an authorization from the Spanish authorities should be protected by EU law provisions designed to ensure the free movement of

  18. IMPACT OF TRADITIONAL PRACTICES ON MEDICINAL PLANT TRADE IN THE RAINFOREST OF NIGERIA

    Directory of Open Access Journals (Sweden)

    Gbadebo Osemeobo

    2010-01-01

    Full Text Available A cross-sectional survey was used to assess the impact of traditional practices on trade in traditional plants within the rainforest of Nigeria. A questionnaire survey and market-based observations were used to derive data from 110 stakeholders including: plant collectors, sellers, middlemen and traditional healers. Results of data analyses indicate that: (i plants not suitable for cultural practices were not usually used for traditional medicine. (ii Traditional management of the forests based on open access, restricted access and closed access rights could no longer protect habitats of medicinal plants. (iii Breakdown of management practices in the forests was common because of a twin factor: violators of regulations were not being punished; and there were increasing disputes over land boundaries among communities. (iv Medicinal plants on regular trade were in decline. Stakeholder participation in species rehabilitation in the forests and establishment of ex situ gardens may sustain the medicinal plant trade.

  19. 78 FR 36434 - Revisions to Rules of Practice

    Science.gov (United States)

    2013-06-18

    ... federal holidays, make grammatical corrections, and remove the reference to part-day holidays. Rule 3001... section, the following categories of persons are designated ``decision-making personnel'': (i) The.... The following categories of person are designated ``non-decision-making personnel'': (i) All...

  20. 77 FR 63242 - Rules of Practice in Air Safety Proceedings

    Science.gov (United States)

    2012-10-16

    ... notification'' to individuals who are the subject of an FAA enforcement action regarding the ``nature of the... supplemental to Federal Rules of Civil Procedure (FRCP) 5 (``Serving and Filing Pleadings and Other Papers'') and 7 (``Pleadings Allowed; Form of Motions and Other Papers''), respectively. Concerning sections 821...

  1. 78 FR 57602 - Rules of Practice in Air Safety Proceedings

    Science.gov (United States)

    2013-09-19

    ... currently prohibits motions to dismiss the complaint or motions for a more definite statement of the..., the Office of Management and Budget has not reviewed this rule under Executive Order 12866. Likewise... definite statement. In proceedings governed by this subpart, except as provided in paragraph (d) of this...

  2. 77 FR 39057 - Rules of Practice for Adjudication Proceedings

    Science.gov (United States)

    2012-06-29

    ... Vol. 77 Friday, No. 126 June 29, 2012 Part III Bureau of Consumer Financial Protection 12 CFR Part... Adjudication Proceedings AGENCY: Bureau of Consumer Financial Protection. ACTION: Final rule. SUMMARY: The Dodd-Frank Wall Street Reform and Consumer Protection Act requires the Bureau of Consumer Financial...

  3. 76 FR 24383 - Commission's Rules of Practice, Procedure, and Organization

    Science.gov (United States)

    2011-05-02

    ... FEDERAL COMMUNICATIONS COMMISSION 47 CFR Parts 0 and 1 [GC Docket No. 10-44; FCC 11-16] Commission... docket management measures, such as broadening the use of docketed proceedings; expanding the requirement... effective date for FCC rules in the event the Commission does not specify an effective date in a rulemaking...

  4. Practical Problems of Legal Regulation of Customs Duties Developing an International Trade Between the Republic of Lithuania And East Asian Countries

    Directory of Open Access Journals (Sweden)

    Valantiejus Gediminas

    2016-12-01

    Full Text Available For more than ten years (since 2004 the Republic of Lithuania is a member of the EU and is realizing its economic and trade relations with other foreign countries, and regulating customs duties according to the requirements of the EU Common Commercial Policy. However, in the recent years foreign trade (in particular - exports of goods remained one of the main factors which increased an economic growth (recovery in the Republic of Lithuania after the global economic crisis of the world, which began in 2008. In this context, the search for new markets and expansion of trade relations with new trade partners in Asia became essential in order to diversify the structure of the national economy and avoid dependence on traditional trade partners, such as Russia. Taking into account this strategic goal, the article seeks to answer a question whether an existing foreign trade regulation system ensures the status of Lithuania as an attractive partner of foreign trade with East Asian countries (Taiwan, Hong Kong, South Korea and Singapore and what regulatory instruments (customs duty rules and procedures should be used on the national level to ensure cooperation with these countries. In order to answer this problematic question, the first chapter of the article overviews general tendencies in Lithuanian foreign trade with the countries of East Asia, while the second chapter is dedicated to describe regulatory regime for import customs duties on the national level (in line with the major provisions of the EU Common Commercial Policy. The practical problems and obstacles to international trade are presented in the third chapter and are illustrated by the examples of case law, which was formed in disputes relating to the decisions and actions of Lithuanian national customs authorities for the period from 1 May, 2004 (since entry to the EU.

  5. Port practices

    OpenAIRE

    Grigorut Cornel; Anechitoae Constantin; Grigorut Lavinia-Maria

    2011-01-01

    Commercial practices are practices or rules applicable to contractual relations between the participants to international trade activities. Commercial practices require a determined objective element of a particular practice, attitude or behavior. They are characterized by: continuity, consistency and uniformity and require duration, repeatability and stability. Depending on how many partners apply them, practices differ from the habits established between certain contracting parties

  6. Multimedia Football Viewing: Embedded Rules, Practice, and Video Context in IVD Procedural Learning.

    Science.gov (United States)

    Kim, Eunsoon; Young, Michael F.

    This study investigated the effects of interactive video (IVD) instruction with embedded rules (production system rules) and practice with feedback on learners' academic achievement and perceived self efficacy in the domain of procedural knowledge for watching professional football. Subjects were 71 female volunteers from undergraduate education…

  7. Machine Shop Practice. Trade and Industrial Education Course of Study.

    Science.gov (United States)

    Emerly, Robert J.; And Others

    Designed for secondary school students who are interested in becoming machinists, this beginning course guide in machine shop practice is organized into the following sections: (1) Introduction, (2) instructional plan, (3) educational philosophy, (4) specific course objectives, (5) course outline, (6) job sheets, and (7) operation sheets. The…

  8. Bourdieu's Distinction between Rules and Strategies and Secondary Principal Practice: A Review of Selected Literature

    Science.gov (United States)

    Anderson, Karen

    2016-01-01

    This paper reviews a selection of literature on secondary principal practice from which to propose an approach for further research. The review demonstrates that applications of Bourdieu's theory of practice have contributed to understandings about secondary principal practice, and that the distinction he made between rules and strategies has the…

  9. Mathematical modelling of contact of ruled surfaces: theory and practical application

    Science.gov (United States)

    Panchuk, K. L.; Niteyskiy, A. S.

    2016-04-01

    In the theory of ruled surfaces there are well known researches of contact of ruled surfaces along their common generator line (Klein image is often used [1]). In this paper we propose a study of contact of non developable ruled surfaces via the dual vector calculus. The advantages of this method have been demonstrated by E. Study, W. Blaschke and D. N. Zeiliger in differential geometry studies of ruled surfaces in space R3 over the algebra of dual numbers. A practical use of contact is demonstrated by the example modeling of the working surface of the progressive tool for tillage.

  10. Informational Efficiency in the USD/KRW Spot Market: Some Evidence from a Joint Runs Test and Foreigners’ Trading Rule Profits

    Directory of Open Access Journals (Sweden)

    Changmo Ahn

    2010-12-01

    Full Text Available This paper examines whether the USD/KRW spot market is efficient in processing new information by employing both the Runs Test and the foreigners' securities trading rule profitability approach. Excluding the period of 2008 financial crisis, the USD/KRW spot market is efficient in terms of close rates, but not efficient in terms of open rates. The foreigners' securities trading rule can also produce statistically significant profits if the trades are based on open prices, though not high. This implies that traders can predict future exchange rates, to some degree, with the information on foreign net purchases of securities in the Korean stock/ bond markets. If we consider the related interest differentials and transaction costs, however, the profits fade out to marginal level or below. This result implies that traders can expect the existence of predictability in the USD/KRW spot market, but not profitability.

  11. Local Economic Trading Schemes and their implications for marketing assumptions, concepts, and practices

    NARCIS (Netherlands)

    Crowther, D.; Greene, A-M.; Hosking, D.M.

    2002-01-01

    This paper focuses on the relationship between a particular social practice - local exchange trading systems or schemes (LETS) - and what we here call the "mainstream" marketing paradigm. It begins by discussing some of the key principles that are thought to set LETS apart from other, "more

  12. A Storyville Education: Spatial Practices and the Learned Sex Trade in the City That Care Forgot

    Science.gov (United States)

    Platt, R. Eric; Hill, Lilian H.

    2014-01-01

    Storyville, the legalized red-light district of New Orleans (1897-1917), was a designated space containing informal opportunities for learning in which its residents practiced the sex trade. Although Storyville was created to regulate prostitution, prostitutes and madams learned the city's legal system, politics, and economics to survive in a…

  13. International liner cargo shipping: a review of Part X of the Trade Practices Act 1974

    OpenAIRE

    Productivity Commission

    2001-01-01

    On 12 March 1999 the Assistant Treasurer referred Part X of the Trade Practices Act 1974 and associated regulations to the Commission for inquiry and report within six months. The Commission was to report on the appropriate arrangements for regulation of international cargo shipping services.

  14. 27 CFR 10.52 - Practice which puts trade buyer independence at risk.

    Science.gov (United States)

    2010-04-01

    ... place trade buyer independence at risk within the description of exclusion in § 10.51: Industry member...-employer in return for the employee agreeing to order distilled spirits, wine, or malt beverages from the industry member. The practice enumerated here is an example and does not constitute a complete list of...

  15. Trade in goods

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2006-01-01

    An analysis of the rules governing trade in goods under the GATT agreement and the Agreement on Safeguards......An analysis of the rules governing trade in goods under the GATT agreement and the Agreement on Safeguards...

  16. Environmental risk, precaution, and scientific rationality in the context of WTO/NAFTA trade rules.

    Science.gov (United States)

    Crawford-Brown, Douglas; Pauwelyn, Joost; Smith, Kelly

    2004-04-01

    This article considers the role of scientific rationality in understanding statements of risk produced by a scientific community. An argument is advanced that, while scientific rationality does impose constraints on valid scientific justifications for restrictions on products and practices, it also provides flexibility in the judgments needed to both develop and apply characterizations of risk. The implications of this flexibility for the understanding of risk estimates in WTO and NAFTA deliberations are explored, with the goal of finding an intermediate ground between the view that science unambiguously justifies or rejects a policy, and the view that science is yet another cultural tool that can be manipulated in support of any decision. The result is a proposal for a dialogical view of scientific rationality in which risk estimates are depicted as confidence distributions that follow from a structured dialogue of scientific panels focused on judgments of evidence, evidential reasoning, and epistemic analysis.

  17. Establishing local rules for industrial radiography practice using radionuclides

    International Nuclear Information System (INIS)

    Ambrosio, N.

    2012-04-01

    Industrial Radiograph used for non-destructive testing of material or equipment constitutes one of the most important applications of radiation sources. Non-destructive testing (NDT) provides a means of verifying the physical integrity of equipment and structures such as vessels, pipes, welded joints, castings and other devices. The physical integrity of such equipment and structures affects not only the safety and quality of the products but also the protection of workers, the public and the environment, as operator of these devises could result in accidents. The development and maintenance of safety culture in an operating organization has to cover management systems, policies, responsibilities, procedures and organizational arrangements.The essence is to control radiation hazard, optimize radiation protection to prevent or reduce exposures and mitigate the consequences of accidents and incidents. To achieve high degree of professionalism, appropriate national and organizational infrastructure is required in addition to ensure effective training of workers, compliance with safety culture and effective quality control. Therefore, this report presents a model Local Rules and procedures necessary for the safe operation of Industrial Radiography devises in order to protect worker, the public and the environment. The model has been developed from examples from published reports. (author)

  18. “Dangerous women”: Discursive practices of the Chilean State in relation to prostitution, sex trade and sex work

    Directory of Open Access Journals (Sweden)

    Jacqueline Espinoza-Ibacache

    2017-07-01

    Full Text Available The article investigates the discursive practices of the Chilean State in relation to women who practice prostitution, sex trade or sex work. We perform an analysis based on the studies made on discourse about the issue, from pragmatic and realizative perspectives of the language. From the 18 regulations and laws we identify acts of speech, such as implicatures or indirect reference and interdiscourses. In the results we present three categories as we call them: definitions, prescriptions and transformations. The definitions are used to describe an activity and the intervention agents. Prescriptions materialize the discourse through obligations and instructions dictated to impose social control. And the transformations, which is related to the first and the second, creates a new situation regarding the activity through the updating of mechanisms and the definition of new subjects. We conclude that the rules produce discursive practices for the social control of the bodies of prostitutes and sex workers, placing them in the line of abnormality, in this way they define a behavioral guide for the rest of women. © Revista Colombiana de Ciencias Sociales.

  19. 29 CFR 1913.10 - Rules of agency practice and procedure concerning OSHA access to employee medical records.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 7 2010-07-01 2010-07-01 false Rules of agency practice and procedure concerning OSHA... PRACTICE AND PROCEDURE CONCERNING OSHA ACCESS TO EMPLOYEE MEDICAL RECORDS § 1913.10 Rules of agency practice and procedure concerning OSHA access to employee medical records. (a) General policy. OSHA access...

  20. Model Making and Anti-Competitive Practices in the Late Eighteenth-Century London Sculpture Trade

    Directory of Open Access Journals (Sweden)

    Craske, Matthew

    2014-03-01

    Full Text Available This article concerns the generation of anti-competitive practices, and the associated discontents, that rose to the fore in the London sculpture trade in the late eighteenth century (1770-1799. It charts the business strategies and technical procedures of the most economically successful practitioners, whose workshops had some of the characteristics of manufactories, and whose critics accused them of conducting a "monopoly" trade. Small-scale practitioners lost out in the competition for great public contracts on account of their design processes and their inability to represent any manifestation of "establishment". A combination of three factors increased the gap between a handful of powerful "manufacturers" and the rest of the trade: the foundation of the Royal Academy, shifts in the ways designs were evaluated, and a growing number of very lucrative contracts for public sculpture. I conclude that such were the discontents within the London trade that by the 1790s, there was a marked tendency for practitioners who were not manufacturers to be attracted to democratic political movements, to the Wilkite call for liberty and the rise of civic radicalism in the merchant population of London.

  1. Implications of Derived Rule Following of Roulette Gambling for Clinical Practice.

    Science.gov (United States)

    Wilson, Alyssa N; Grant, Tara

    2015-05-01

    Problem gambling is a global concern, and behavior analytic attention has increasingly focused on reasons for why problem gambling occurs and conditions under which it is maintained. However, limited knowledge currently exists on the process to which self-generated rules maintain gambling behaviors. Therefore, the current study assessed six recreational gamblers on a roulette game before and after discrimination training to establish a self-rule to wager on red or black. Following discrimination training, all six participants altered their response allocation among red or black and consistently responded according to the newly derived self-rule. Results maintained during 1-week follow-up sessions across all participants. Implications for clinical application of self-awareness and self-generated rule following are discussed. Implications for practice • Demonstration of how stimuli such as color can alter gambling behavior • Procedures to assist clients with changing self-rules about gambling behavior • Using self-generated rule formulation for more contextually appropriate target behaviors • Highlights how self-generated rules can be altered to change clinical target behaviors.

  2. Portfolio theory and the alternative decision rule of cost-effectiveness analysis: theoretical and practical considerations.

    Science.gov (United States)

    Sendi, Pedram; Al, Maiwenn J; Gafni, Amiram; Birch, Stephen

    2004-05-01

    Bridges and Terris (Soc. Sci. Med. (2004)) critique our paper on the alternative decision rule of economic evaluation in the presence of uncertainty and constrained resources within the context of a portfolio of health care programs (Sendi et al. Soc. Sci. Med. 57 (2003) 2207). They argue that by not adopting a formal portfolio theory approach we overlook the optimal solution. We show that these arguments stem from a fundamental misunderstanding of the alternative decision rule of economic evaluation. In particular, the portfolio theory approach advocated by Bridges and Terris is based on the same theoretical assumptions that the alternative decision rule set out to relax. Moreover, Bridges and Terris acknowledge that the proposed portfolio theory approach may not identify the optimal solution to resource allocation problems. Hence, it provides neither theoretical nor practical improvements to the proposed alternative decision rule.

  3. News and Trading Rules

    Science.gov (United States)

    2003-01-01

    indexes or small groups of forex series. Although I use a shorter time period – five years for the work on technical analysis and machine learning, only...products. (“Indus International to Provide Transocean Sedco Forex With Robust Enterprise Asset Management Solution”, IINT, 3/7/2001) – Industry Group

  4. 77 FR 70466 - Meeting of the Judicial Conference Committee on Rules of Practice and Procedure

    Science.gov (United States)

    2012-11-26

    ... Procedure. ACTION: Notice of open meeting. SUMMARY: The Committee on Rules of Practice and Procedure will hold a two-day meeting. The meeting will be open to public observation but not participation. DATE: January 3-4, 2013. TIME: 8:30 a.m. to 5:00 p.m. ADDRESSES: The Charles Hotel, Harvard Square, One Bennett...

  5. Translation of clinical prediction rules for febrile children to primary care practice : an observational cohort study

    NARCIS (Netherlands)

    van Ierland, Yvette; Elshout, Gijs; Berger, Marjolein Y.; Vergouwe, Yvonne; de Wilde, Marcel; van der Lei, Johan; Mol, Henritte A.; Oostenbrink, Rianne

    Background Clinical prediction rules (CPRs) to identify children with serious infections lack validation in low-prevalence populations, which hampers their implementation in primary care practice. Aim To evaluate the diagnostic value of published CPRs for febrile children in primary care. Design and

  6. 9 CFR 355.43 - Scope and applicability of rules of practice.

    Science.gov (United States)

    2010-01-01

    ... AND VOLUNTARY INSPECTION AND CERTIFICATION CERTIFIED PRODUCTS FOR DOGS, CATS, AND OTHER CARNIVORA... 9 Animals and Animal Products 2 2010-01-01 2010-01-01 false Scope and applicability of rules of practice. 355.43 Section 355.43 Animals and Animal Products FOOD SAFETY AND INSPECTION SERVICE, DEPARTMENT...

  7. 76 FR 3853 - National Science Foundation Rules of Practice and Statutory Conflict-of-Interest Exemptions

    Science.gov (United States)

    2011-01-21

    ... Practice and Statutory Conflict-of-Interest Exemptions AGENCY: National Science Foundation. ACTION: Final... provisions concerning statutory conflict-of- interest exemptions. DATES: The final rule is effective on.... List of Subjects in 45 CFR Part 680 Conflict of interests. Accordingly, 45 CFR part 680 is amended as...

  8. Labeling and advertising of home insulation. Final staff report to the Federal Trade Commission and proposed trade regulation rule (16 CFR Part 460)

    Energy Technology Data Exchange (ETDEWEB)

    1978-07-01

    Insulation can save significant amounts of fuel and money, and has therefore captured public attention as a desirable energy conservation measure. Because insulation is a very difficult product for uninformed consumers to evaluate, there was broad support for a rule requiring the disclosure of information facilitating choices among insulation products. With the information that the Recommended Rule will require, consumers will be able to compare the thermal properties of varous types of insulation and make the best purchases for their needs. In order to provide consumers, as quickly as possible, with information aiding their purchase of this major conservation measure, and to protect consumers from the abuses that rising demand has brought, the Commission undertook this rulemaking proceeding on an expedited schedule. The Rule was proposed on November 18, 1977. The tests mandated by the Rule will provide reproducible and accurate R-values, permitting comparisons of thermal performance. As a result of the testing and required disclosures of R-values and related information, consumers should be able to make sound choices for their needs, without being uninformed or misinformed about the relative values of different types of insulation. The Recommended Rule covers the testing, advertising, and labeling of thermal insulation products. It includes organic, fibrous, cellular, and reflective insulations sold for use in homes, apartments, and other residential dwellings. Insulation sold directly to consumers for do-it-yourself installation is covered, as well as insulation installed by professionals.

  9. Text Messaging to Communicate With Public Health Audiences: How the HIPAA Security Rule Affects Practice

    Science.gov (United States)

    Karasz, Hilary N.; Eiden, Amy; Bogan, Sharon

    2013-01-01

    Text messaging is a powerful communication tool for public health purposes, particularly because of the potential to customize messages to meet individuals’ needs. However, using text messaging to send personal health information requires analysis of laws addressing the protection of electronic health information. The Health Insurance Portability and Accountability Act (HIPAA) Security Rule is written with flexibility to account for changing technologies. In practice, however, the rule leads to uncertainty about how to make text messaging policy decisions. Text messaging to send health information can be implemented in a public health setting through 2 possible approaches: restructuring text messages to remove personal health information and retaining limited personal health information in the message but conducting a risk analysis and satisfying other requirements to meet the HIPAA Security Rule. PMID:23409902

  10. Insider trading

    International Nuclear Information System (INIS)

    Maslechko, W.S.

    1998-01-01

    The policy arguments for and against prohibiting insider trading within the petroleum industry are discussed. Legal definitions of all relevant terms (e.g. 'special relationship' 'tippees', 'material facts', material changes' 'generally disclosed' information', 'necessary course of business') are provided. Enforcement of insider trading/tipping prohibitions are also defined. The recommended practice is: do not trade; do not tell or advise; encourage timely disclosure; do not speculate; implement a corporate disclosure and trading policy

  11. Multijurisdictional practice and the health lawyer: will your practice benefit from the new ABA model rules of professional conduct?

    Science.gov (United States)

    Pomerance, Philip L

    2004-01-01

    At the end of the twentieth century, bar scholars and regulators were reexamining two traditionally improper aspects of legal practice. The first was the multidisciplinary practice of law, which would permit lawyers to offer accounting and other professional services to their clients, and allow lawyers to share fees with non-lawyers. The second was the multijurisdictional practice of law, which would permit a lawyer licensed in one jurisdiction to practice law in other jurisdiction in which he was not admitted to the bar. Enron and other corporate scandals deflated the movement towards multidisciplinary practice, but the movement to allow multijurisdictional practice bore some limited, yet important, results. This Article argues that the American Bar Association's new Model Rules 5.5 and 8.5, which broaden the ability of healthcare lawyers to practice outside of the states in which they are admitted, are a suitable accommodation to today's mode of practice, while still preserving the states' ability to regulate lawyers and protect clients.

  12. Investment practices in Australian coal: the practice and profit of quasi-integration in the Australia-Japan coal trade

    International Nuclear Information System (INIS)

    Colley, Peter

    1997-01-01

    The Australian coal industry has frequently been described as a perpetual case of 'profitless prosperity'. Industry literature on the subject usually sources this problem to government charges on the industry and to labour costs. However, these alleged problems do not appear to have diminished the enthusiasm for new investment in the industry. This study argues that a more complete explanation must look at who is investing in the Australian coal industry, what the rationale for those investments is, how they are financed and what their specific profitability is. The particular examination made here is of the quasi-integration investment practices of Japanese trading, steel and power companies -easily the largest group of buyers in the international coal trade. The close co-operation between Japanese government and business in this strategic raw materials industry is documented, as are the methods of subsidised investment. An examination of the financial performance of these companies' Australian coal investments shows that the profitability of their investments is significantly below that of most other investors in Australian mining over a recent 5-year period. Taken together, there is significant support for the conclusion that a process of co-ordinated quasi-integration has taken place and that the principal aim of such investments has not been to make profits from coal-mining. (author)

  13. The Golden Rule and its Consequences: A Practical and Effective Solution for World Peace

    Directory of Open Access Journals (Sweden)

    Zahra Rakhshani

    2017-02-01

    Full Text Available Peace is something desirable and requested by all nations in the world. What makes it necessary to address this issue is the critical, undesirable state of the current world that, despite statements by international organizations with the theme of peace, reveals growing conflict and war and irreversible damages caused by them. This article seeks to provide a practical and effective solution for achieving peace in the global community. To this end, it introduces the golden rule (treating others as you wish others to treat you as a rule common to all nations. This rule which has a special place in moral philosophy and has been the common denominator of all religions and schools of thought from ancient times until the present provides peace throughout the world through its mechanism. With the use of analytical methods, this study examines and explains it. The results show that the most effective and powerful way to achieve world peace is the adherence to the golden rule.

  14. Trade practices are main factors involved in the transmission of viral haemorrhagic septicaemia

    DEFF Research Database (Denmark)

    Reichert, M.; Matras, M.; Skall, Helle Frank

    2013-01-01

    subgroups. The main source of outbreaks in European rainbow trout farming is sublineage Ia isolates. Recently, this group of isolates has been further subdivided in to two subclades of which the Ia-2 consists of isolates occurring mainly in Continental Europe outside of Denmark. In this study, we sequenced...... the full-length G-gene sequences of 24 VHSV isolates that caused VHS outbreaks in Polish trout farms between 2005 and 2009. All these isolates were identified as genotype Ia-2; they divided however into two genetically distinct subgroups, that we name Pol I and Pol II. The Pol I isolates mainly caused...... cause of virus transmission appears to be movement of fish. At least in Polish circumstances trading practices appear to have significant impact on spreading of VHSV infection....

  15. EU Anti-Circumvention Rules: Do They Beat the Alternative?

    OpenAIRE

    Edwin Vermulst

    2015-01-01

    This article discusses EU law and practice with regard to tackling circumvention of trade defence instruments, notably anti-dumping measures. The author considers that, while strong legal arguments can be made that anti-circumvention rules are WTO-illegal, as a practical matter transparent and predictable anti-circumvention rules are to be preferred over vague and multi-interpretable non-preferential origin rules that vary from country to country. Furthermore, the many findings of transhipmen...

  16. TRANSFORMATION OF CONSUMER PRACTICES: NEW SCRIPTS OF CONSUMER BEHAVIOR AND METHODS FOR ORGANIZING TRADE SPACES

    Directory of Open Access Journals (Sweden)

    A. V. Markeeva

    2017-01-01

    Full Text Available T his article deals with transformation of consumer practices, which become (and maybe have already turned into the dominated form of social behavior and cannot be described within the model of purposeful-rational action. Utilizing the analytical distinction between “doing shopping” as routine practice, related to satisfaction of basic needs, and “going shopping” as pleasure and leasuretime social activity, this article demonstrates series of changes, resulting in generation of new consumer culture. These changes are compared with a range of transfigurations of the consumers’ spaces (trade spaces, which are at once places (scenes, where consumer practices deploy, and the structural condition of their possibility. According to the logic of the modern man, his focus on fast and diverse consumption and his desire of consuming everything in one place, “in one bottle” on the run, the shopping spaces are becoming the center of new industries-cultural, educational, recreational. The modern retail spaces become not only a place of shopping, but also closely incorporate into the social life of the community and turn into the centers of social life. Effectively combining and managing the various scenarios of consumption, the modern retail helps to feel and join the happiness of live communication in the overbounded with the online social contacts, but atomized world, to get rid of the feeling of emotional emptiness. Special design of retail space and the integration of various social technologies, which are created for manipulating the emotional sphere of the customers (non-standard architectural solutions, catchy window dressing, interior design, background music, aromamarketing, psychologically adjusted range of color, taste and tactile solutions create a special entertainment and attraction of space, control the consumer and are ready not only to stimulate the purchase, but to form an unforgettable impressions. P roducers and retailers

  17. Forms and Practices of Slave Trade in Swaziland in the 19th Century

    African Journals Online (AJOL)

    Trade in slaves was a response to market forces in the world. A culture that developed from trade in slaves extended to future generations whose lives were degraded. Cases of slaves who rose above their social stations in the slave trade era are non-existent. In Swaziland Mswati II used his military to raid for captives

  18. The Economics of Pain. : Pain in Dutch Stock Trade Discourses and Practices 1600-1750

    NARCIS (Netherlands)

    Leemans, I.B.; Macsotay, Tomas; van der Haven, Cornelis; Vanhaesebrouck, Karel

    2017-01-01

    In the early modern period, bourses were scenes of physical exchange. As most of our stock trade has grown into a virtual interplay between online traders and algorithms, researching the embodied stock trade of the early modern bourse floor can provide insight in the performance of trade and the

  19. 77 FR 58338 - Trade Regulation Rule on Care Labeling of Textile Wearing Apparel and Certain Piece Goods

    Science.gov (United States)

    2012-09-20

    ... Korea, Japan, and the United States (and that Japan is working on harmonizing ISO and the JIC standards that apply in Japan).\\64\\ Another favored one set of worldwide symbols and explained that the ISO... similar fashion--as care procedures that manufacturers and importers can disclose to comply with the Rule...

  20. Competition policy: consequences of restrictive trade practices and price-fixing provisions for medical practitioners in Australia and New Zealand.

    Science.gov (United States)

    Janes, Hanne

    2006-05-01

    Competition laws have only applied to many participants in the health care industry in Australia and New Zealand since the mid 1990s. Since then, the Australian Competition and Consumer Commission has considered a number of applications by medical practitioner associations and private hospitals to authorise potentially anti-competitive conduct, while the New Zealand Commerce Commission has successfully prosecuted a group of ophthalmologists. Amongst medical practitioners, however, there is still confusion and misunderstanding concerning the type of conduct caught by the Australian Trade Practices Act 1974 (Cth) and the New Zealand Commerce Act 1986 (NZ). This is of serious concern given the substantial penalties associated with price-fixing and restrictive trade practices. This article examines the provisions of these Acts most relevant to medical practitioners as well as a number of determinations and judicial decisions. To provide practical assistance to medical practitioners, the key lessons are extracted.

  1. The Federal Trade Commission, clinical integration, and the organization of physician practice.

    Science.gov (United States)

    Casalino, Lawrence P

    2006-06-01

    This article examines Federal Trade Commission (FTC) policy--in particular, the agency's controversial 1996 statements on clinical integration--toward joint negotiations for nonrisk contracts with health plans by physicians organized into independent practice associations (IPAs) and (with hospitals) into physician-hospital organizations (PHOs). The article concludes that the policy is consistent with anti-trust principles, consistent with current thinking on the use of organized processes to improve medical care quality, specific enough to provide guidance to physicians wanting to integrate clinically, and general enough to encourage ongoing innovations in physician organization. The FTC should consider stronger sanctions for IPAs and PHOs whose clinical integration is nothing more than a sham intended to provide cover for joint negotiations, should give the benefit of the doubt to organizations whose clinical integration appears to be reasonably consonant with the statements, and should clarify several ambiguities in the statements. Health plans should facilitate IPA and PHO efforts to improve care by rewarding quality and efficiency and by providing clinically integrated organizations with claims information on individual patients. Though creating clinically integrated organizations is difficult and expensive, physicians should recognize that clinical integration can help them both to gain some negotiating leverage with health plans and to improve the quality of care for their patients.

  2. Trading Hot-Air. The Influence of Permit Allocation Rules, Market Power and the US Withdrawal from the Kyoto Protocol

    International Nuclear Information System (INIS)

    Klepper, G.; Peterson, S.

    2005-01-01

    After the conferences in Bonn and Marrakech, it is likely that international emissions trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot-air. Different scenarios not only differ in their implications for the demand and supply of permits and thus the permit price, but also in their allocative effects. In this paper we discuss likely the institutional designs for permit allocation in the hot-air economies and the use of market power and quantify the resulting effects by using the computable general equilibrium model DART. It turns out that the amount of hot-air supplied will be small if hot-air economies cooperate in their decisions. Under welfare maximization, more hot-air is supplied than in the case where governments try to maximize revenues from permit sales

  3. The INCOTERMS rules and their importance

    Directory of Open Access Journals (Sweden)

    Anca LAZĂR

    2011-06-01

    Full Text Available The content INCOTERMS are a set of rules that determine the rights and obligations of the international sales contract, selecting a rule of interpretation of commercial terms INCOTERMS, progress is the result of negotiation between the parties and expresses the ratio of these economic forces. In relation to the obligations of the parties to an international sales contract are several different types of contracts covered by the clause. To define the main rules INCOTERMS was considered as a starting point delivery of goods, establishment of the seller and the buyer2, the rules concerning the obligations of each party that are grouped into ten items with identical titles for all the rules. Due to significant developments in international trade, for making available to retailers in the interpretation of the rules commonly used trade terms in international trade, the International Chamber of Commerce in Paris draw a set of delivery conditions for their interpretation in international sales, rules that were in international trade practice some habits, but who were not of equal significance to traders in different countries.

  4. Examining patterns in medication documentation of trade and generic names in an academic family practice training centre.

    Science.gov (United States)

    Summers, Alexander; Ruderman, Carly; Leung, Fok-Han; Slater, Morgan

    2017-09-22

    Studies in the United States have shown that physicians commonly use brand names when documenting medications in an outpatient setting. However, the prevalence of prescribing and documenting brand name medication has not been assessed in a clinical teaching environment. The purpose of this study was to describe the use of generic versus brand names for a select number of pharmaceutical products in clinical documentation in a large, urban academic family practice centre. A retrospective chart review of the electronic medical records of the St. Michael's Hospital Academic Family Health Team (SMHAFHT). Data for twenty commonly prescribed medications were collected from the Cumulative Patient Profile as of August 1, 2014. Each medication name was classified as generic or trade. Associations between documentation patterns and physician characteristics were assessed. Among 9763 patients prescribed any of the twenty medications of interest, 45% of patient charts contained trade nomenclature exclusively. 32% of charts contained only generic nomenclature, and 23% contained a mix of generic and trade nomenclature. There was large variation in use of generic nomenclature amongst physicians, ranging from 19% to 93%. Trade names in clinical documentation, which likely reflect prescribing habits, continue to be used abundantly in the academic setting. This may become part of the informal curriculum, potentially facilitating undue bias in trainees. Further study is needed to determine characteristics which influence use of generic or trade nomenclature and the impact of this trend on trainees' clinical knowledge and decision-making.

  5. Pediatric biobanking: a pilot qualitative survey of practices, rules and researcher opinions in ten European countries

    DEFF Research Database (Denmark)

    Salvaterra, Elena; Giorda, Roberto; Bassi, Maria Teresa

    2012-01-01

    Ethical, legal, and social issues related to the collection, storage, and use of biospecimens and data derived from children raise critical concerns in the international debate. So far, a number of studies have considered a variety of the individual issues crucial to pediatric biobanking such as ......Ethical, legal, and social issues related to the collection, storage, and use of biospecimens and data derived from children raise critical concerns in the international debate. So far, a number of studies have considered a variety of the individual issues crucial to pediatric biobanking...... such as decision making, privacy protection, minor recontact, and research withdrawal by focusing on theoretical or empirical perspectives. Our research attempted to analyze such issues in a comprehensive manner by exploring practices, rules, and researcher opinions regarding proxy consent, minor assent, specimens...

  6. Practices and rules applied for the design of large dry PWR-containments within EC countries

    International Nuclear Information System (INIS)

    Karwat, H.

    1989-01-01

    The containment system is an essential component of nuclear power plants and its behaviour plays an important role in the evaluation of accident consequences of pressurized water reactors. The present report illuminates the analytical methods for the simulation of the thermohydraulic loads and the experimental background to support these methods. The national rules and practices applied within the EC member countries to determine the local and global design loads were compared. For thermohydraulic load prediction only small differences have been found, particularly in the required safety addition factors covering the uncertainties of the predictive analytical simulation procedures. Comparison of design loads shows in general that analytical methods are comparable throughout the EC member countries and, with regard to their determination, warrant to a large extent an equal degree of conservatism

  7. 75 FR 51934 - Telemarketing Sales Rule

    Science.gov (United States)

    2010-08-24

    ... FEDERAL TRADE COMMISSION 16 CFR Part 310 Telemarketing Sales Rule AGENCY: Federal Trade Commission. ACTION: Final rule; correction. SUMMARY: The Federal Trade Commission (``Commission'') published a final rule on August 10, 2010, adopting amendments to the Telemarketing Sales Rule that address the...

  8. A FRAMEWORK FOR TRANSPARENCY IN INTERNATIONAL TRADE

    Directory of Open Access Journals (Sweden)

    Bernal Turnes, Paloma

    2015-01-01

    Full Text Available The aim of this paper is to cover the gap in literature about transparency in the context of international trade facilitation. It focuses on the importance of transparency in achieving growth in international trade and the differences between non-transparent practices and corruption in global trade. Managing the disclosure of information about rules, regulations and laws is not the only trade policy instrument where transparency becomes important. To build a framework on levels of transparency we developed a matrix classifying the transparency of each country based on ease of doing business and levels of bribery. Four different strategies are explained based on the different scenarios of transparency in international trade. The main conclusions reflect that disclosure of information is not enough to guarantee transparency and monitoring of transparency must be improved.

  9. Building Trusting Relationships in the Medical Practice Team: Thirty Rules to Live By for You and Your Staff.

    Science.gov (United States)

    Hills, Laura

    2015-01-01

    A medical practice team without trust isn't really a team; it's just a group of individuals who work together in a medical practice, often making disappointing progress. This is true no matter how capable or talented the individuals are. Your staff may never reach its full potential if trust is not present. This article offers medical practice managers 30 rules for building trust in their practices: 15 rules that will help them in their leadership roles, and 15 rules to teach and discuss with their employees. It suggests a trust-building screening question to include in job interviews to determine if applicants have a high capacity for trust. It also describes Reina and Reina's "Three C's of Trust," a model that practice managers may find useful as they develop trust competencies in their staffs. This article also includes 10 inspiring quotes that will help medical practice employees build trust and five easy-to-facilitate trust-building exercises that managers can use with the medical practice team.

  10. 16 CFR 1.19 - Modification of a rule by the Commission at the time of judicial review.

    Science.gov (United States)

    2010-01-01

    ... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Modification of a rule by the Commission at the time of judicial review. 1.19 Section 1.19 Commercial Practices FEDERAL TRADE COMMISSION... event that a reviewing court determines under section 18(e)(2) of the Federal Trade Commission Act, to...

  11. (Re-)reading medical trade catalogs: the uses of professional advertising in British medical practice, 1870-1914.

    Science.gov (United States)

    Jones, Claire L

    2012-01-01

    This article explores how medical practitioners read, used, and experienced medical trade catalogs in late-nineteenth- and early-twentieth-century Britain. Reader responses to the catalog, a book-like publication promoting medical tools, appliances, and pharmaceuticals, have been chronically understudied, as have professional reading practices within medicine more generally. Yet, evidence suggests that clinicians frequently used the catalog and did so in three main ways: to order medical products, to acquire new information about these products, and to display their own product endorsements and product designs. The seemingly widespread nature of these practices demonstrates an individual and collective professional desire to improve medical practice and highlights the importance of studying professional reading practices in the cultural history of medicine.

  12. 75 FR 69827 - Rules of Practice Before the Board of Patent Appeals and Interferences in Ex Parte Appeals

    Science.gov (United States)

    2010-11-15

    ... clarify and simplify petitions practice on appeal. For example, except under limited circumstances, any... rule indicates a Board preference for citations to certain reporters and for limited use of non-binding... first time after a notice of appeal is filed, specifically in an examiner's answer. Proposed Bd.R. 41.40...

  13. Learning "Rules" of Practice within the Context of the Practicum Triad: A Case Study of Learning to Teach

    Science.gov (United States)

    Chalies, Sebastien; Escalie, Guillaume; Stefano, Bertone; Clarke, Anthony

    2012-01-01

    This case study sought to determine the professional development circumstances in which a preservice teacher learned rules of practice (Wittgenstein, 1996) on practicum while interacting with a cooperating teacher and university supervisor. Borrowing from a theoretical conceptualization of teacher professional development based on the postulates…

  14. 76 FR 72269 - Rules of Practice Before the Board of Patent Appeals and Interferences in Ex Parte

    Science.gov (United States)

    2011-11-22

    ..., 2008)) that never went into effect. Therefore, any appeal brief filed in an application or ex parte... logical to permit the applicant and examiner to submit them to the Board during the briefing stage. Appeal... CFR Parts 1 and 41 Rules of Practice Before the Board of Patent Appeals and Interferences in Ex Parte...

  15. WETLANDS AND WATER QUALITY TRADING: REVIEW OF CURRENT SCIENCE AND ECONOMIC PRACTICES WITH SELECTED CASE STUDIES

    Science.gov (United States)

    The study evaluates the technical, economic, and administrative aspects of establishing water quality trading (WQT) programs where the nutrient removal capacity of wetlands is used to improve water quality. WQT is a potentially viable approach for wastewater dischargers to cost-e...

  16. SOME THEORETICAL AND PRACTICAL ASPECTS CONCERNING THE NULLITY OF TRADING COMPANIES

    Directory of Open Access Journals (Sweden)

    Alexandra Gabriela Rolea

    2012-11-01

    Full Text Available Nullity is the civil legal sanction which determines the ineffectiveness of the juridical act, by depriving it of those effects that do not comply with the legal provisions enacted for its lawful conclusion. The sanction is applicable to both civil legal acts, among which the company contract, and legal entities, including trading companies, however, with different grounds and effects. In time, the legal doctrine has created a special category of commercial law nullities, with distinct features from those of common law nullities. In the new Civil code, the causes and effects of the company’s nullity have been taken in toto from the trading legislation and applied to all legal entities, irrespective of their legal status, which in turn has led to fierce controversies. The Article begins with a general overview of the causes and effects of the civil legal act’s nullity, including that of the company contract. The second part tackles the isssue of trading companies’ nullity, as well as that of all legal entities, according to both national and European legislation. The final part of the paper is dedicated to some proposals for the amendment and harmonization of the common law with the specific legislation on trading companies.

  17. Exploration on the Evaluation Mode of "International Trade Practice" in Higher Vocational Schools

    Science.gov (United States)

    Li, Yamin

    2011-01-01

    Considering the employment-oriented positioning of higher vocational education which is put by the education ministry and the features of higher vocational schools students, this paper indicates that the disadvantages in the evaluation mode of higher vocational school international trade course. Therefore, a reformed suggestion is given for the…

  18. 77 FR 12528 - Amendments to Commission's Rules of Practice and Procedure-Subparts E and L

    Science.gov (United States)

    2012-03-01

    ... (Proceedings; Pleadings; Motions; Replies) and Subpart L (Depositions, Written Interrogatories, and Discovery... rules, the Commission proposes to amend Subpart E (Proceedings; Pleadings; Motions; Replies) and Subpart... considering adoption of these federal rules, due regard should be given to the differences in the nature of...

  19. Design rules for high temperature plant - the implications of recent research in relation to current practice

    International Nuclear Information System (INIS)

    Townley, C.H.A.

    1977-01-01

    An historical summary is presented of design rules for high temperature plant, leading to the rules applicable to high temperature reactors, particularly the liquid metal fast breeder reactor. Special attention is given to creep rupture properties of ferritic and austenitic materials used for the construction of components such as boilers and pressure vessels. (author)

  20. Principals' Leadership in Mexican Upper High Schools: The Paradoxes between Rules and Practices

    Science.gov (United States)

    Santizo Rodall, Claudia A.; Ortega Salazar, Sylvia B.

    2018-01-01

    This article discusses the type of organization and leadership that underlies a competency-based management rule established in Mexico (2008) applicable to principals in public upper high schools. This rule, identified as the 449 Agreement, describes competencies and communicates expected behavior. Implementation, however, is mediated by the…

  1. Understanding the business implications of emissions trading : a practical look at EPCOR`s experience

    Energy Technology Data Exchange (ETDEWEB)

    Nodelman, J. [EPCOR, Edmonton, AB (Canada)

    1999-05-01

    An historical overview of the concept of trading carbon dioxide emissions was given, examining the evolution of environmental issues in general and of the climate change issue, and the typical corporate response to GHG emissions control in particular. Mention is made of the fact that while industry in general embraces the idea of trading as the most viable option, there are many who still dispute the scientific evidence. Although the Kyoto Protocol is recognized as a turning point, the challenge of defining the form carbon credit is to take is still largely a matter of debate, as are the processes for baseline identification, verification and registration. Value versus price and cost are still worrisome issues, as are credit ownership, the very high expectations regarding credit pricing, and the management of these expectations. EPCOR`s own expectations, and approach to the problem are described. Lessons learned from early programs such as the Voluntary Challenge Registry program are also described. 3 figs.

  2. Trade Union Practices in the EU and Latvia: Experience for Eastern Partnership Countries

    Directory of Open Access Journals (Sweden)

    Stacenko Sergejs

    2014-10-01

    Full Text Available The article will show major dimensions in the experience of EU Member States that could be shared with the Eastern Partnership (EaP countries. The framework of the study is the EU concept of trade unions in social dialogue and social partnership in the public sector. This study outlines the concept of social dialogue as a core element of industrial relations and will focus on industrial relations specifically in the public sector.

  3. Deriving a clinical prediction rule to target sexual healthcare to women attending British General Practices.

    Science.gov (United States)

    Edelman, N L; Cassell, J A; Mercer, C H; Bremner, S A; Jones, C I; Gersten, A; deVisser, R O

    2018-07-01

    Some women attending General Practices (GPs) are at higher risk of unintended pregnancy (RUIP) and sexually transmitted infections (STI) than others. A clinical prediction rule (CPR) may help target resources using psychosocial questions as an acceptable, effective means of assessment. The aim was to derive a CPR that discriminates women who would benefit from sexual health discussion and intervention. Participants were recruited to a cross-sectional survey from six GPs in a city in South-East England in 2016. On arrival, female patients aged 16-44 years were invited to complete a questionnaire that addressed psychosocial factors, and the following self-reported outcomes: 2+ sexual partners in the last year (2PP) and RUIP. For each sexual risk, psychosocial questions were retained from logistic regression modelling which best discriminated women at risk using the C-statistic. Sensitivity and specificity were established in consultation with GP staff. The final sample comprised N = 1238 women. 2PP was predicted by 11 questions including age, binge-drinking weekly, ever having a partner who insulted you often, current smoking, and not cohabiting (C-statistic = 0.83, sensitivity = 73% and specificity = 77%). RUIP was predicted by 5 questions including sexual debut years, and emergency contraception use in the last 6 months (C-statistic = 0.70, sensitivity = 69% and specificity = 57%). 2PP was better discriminated than RUIP but neither to a clinically-useful degree. The finding that different psychosocial factors predicted each outcome has implications for prevention strategies. Further research should investigate causal links between psychosocial factors and sexual risk. Copyright © 2018 The Authors. Published by Elsevier Inc. All rights reserved.

  4. 75 FR 7925 - Unfair or Deceptive Acts or Practices

    Science.gov (United States)

    2010-02-22

    ... rules issued by the Office of Thrift Supervision (OTS) and the National Credit Union Administration... Rule jointly with a rule issued by the Office of Thrift Supervision (OTS) amending 12 CFR Part 535 and... Part 227 Banks, Banking, Credit, Intergovernmental relations, Trade practices. Board of Governors of...

  5. Evaluating local rules and practices for avoiding tragedies in small-scale fisheries of oxbow lakes, Southern Bangladesh

    Directory of Open Access Journals (Sweden)

    Abdullah Al Mamun

    2015-09-01

    Full Text Available One of the key issues facing fishery managers, policy-makers and researchers has been acknowledging local institutions and rule systems for managing common pool resources. In this paper, we discuss local institutions and rule systems of community fisheries from two oxbow lake Fisheries in Southern Bangladesh. Both of the fisheries have been under private and state management systems resulting in different management outcomes. Control of fishers and stocking for production enhancement have been key management options of the lakes, but progress has not been satisfactory due to higher associated costs of management and uneven resource benefits distribution. On the other hand, community fisheries have focused on sharing benefits, controlling access, avoiding conflict and maintaining ecosystem health. Community fisheries have been managed through local rules and management practices above and beyond government regulations. Taking community fisheries in Bangladesh as a model fisheries and examining local rules as an effective means of controlling fisher access to a common resource, we explore here the impacts of local rules that have had different levels of governance outcomes in relation to state and private systems. Data were collected using semi-structured interviews (40 individuals and group meetings (one for each site covering 15–20 individuals. Reviews of secondary records also support the analysis. Findings of this study highlight the advantages of local rules and also raise questions about how differential property rights and lack of negotiation power of local communities have constrained the success of community fisheries. At the group level, the capacity of local fishers to make their own rules and implement them locally is a critical factor for community fisheries systems.

  6. Termination of resuscitation in the prehospital setting: A comparison of decisions in clinical practice vs. recommendations of a termination rule.

    Science.gov (United States)

    Verhaert, Dominique V M; Bonnes, Judith L; Nas, Joris; Keuper, Wessel; van Grunsven, Pierre M; Smeets, Joep L R M; de Boer, Menko Jan; Brouwer, Marc A

    2016-03-01

    Of the proposed algorithms that provide guidance for in-field termination of resuscitation (TOR) decisions, the guidelines for cardiopulmonary resuscitation (CPR) refer to the basic and advanced life support (ALS)-TOR rules. To assess the potential consequences of implementation of the ALS-TOR rule, we performed a case-by-case evaluation of our in-field termination decisions and assessed the corresponding recommendations of the ALS-TOR rule. Cohort of non-traumatic out-of-hospital cardiac arrest (OHCA)-patients who were resuscitated by the ALS-practising emergency medical service (EMS) in the Nijmegen area (2008-2011). The ALS-TOR rule recommends termination in case all following criteria are met: unwitnessed arrest, no bystander CPR, no shock delivery, no return of spontaneous circulation (ROSC). Of the 598 cases reviewed, resuscitative efforts were terminated in the field in 46% and 15% survived to discharge. The ALS-TOR rule would have recommended in-field termination in only 6% of patients, due to high percentages of witnessed arrests (73%) and bystander CPR (54%). In current practice, absence of ROSC was the most important determinant of termination [aOR 35.6 (95% CI 18.3-69.3)]. Weaker associations were found for: unwitnessed and non-public arrests, non-shockable initial rhythms and longer EMS-response times. While designed to optimise hospital transportations, application of the ALS-TOR rule would almost double our hospital transportation rate to over 90% of OHCA-cases due to the favourable arrest circumstances in our region. Prior to implementation of the ALS-TOR rule, local evaluation of the potential consequences for the efficiency of triage is to be recommended and initiatives to improve field-triage for ALS-based EMS-systems are eagerly awaited. Copyright © 2016 Elsevier Ireland Ltd. All rights reserved.

  7. Identified best environmental management practices to improve the energy performance of the retail trade sector in Europe

    International Nuclear Information System (INIS)

    Galvez-Martos, Jose-Luis; Styles, David; Schoenberger, Harald

    2013-01-01

    The retail trade sector has been identified as a target sector for the development of sectoral reference documents on best environmental management practices under the Eco-Management and Audit Scheme. This paper focuses on the important energy-related needs in retailers' stores such as for food refrigeration and lighting, as well as heating, ventilation and air conditioning of the building. For the definition of best environmental management practices in the European framework, frontrunner retailers have been identified as those retailers integrating energy minimization and saving measures as standard practice systematically across stores. These best performers also integrate a comprehensive monitoring system in the energy management of every store or building belonging to the company, enabling the rapid identification of energy saving opportunities. An integrative approach is needed to define how best practices should be implemented in combination to optimize energy management within stores: building aspects such as insulation of the building envelope or the heating, ventilation and air conditioning system, should be optimized in combination with best options for refrigeration in food retailers. Refrigeration systems are responsible for half of the final energy use in stores and of their carbon footprint. Natural refrigerants, heat recovery from the condensation stage and covering of display cases are measures with high environmental benefits to reduce the impact of refrigeration. Finally, practices for lighting, as optimal lighting strategies, and the integration of renewable energy sources in overall zero energy building concepts can save considerable amounts of fossil energy, reduce the carbon footprint and produce significant cost-savings in the long term. - highlights: • There is a high energy performance improvement potential of the retail trade sector. • We propose techniques with a high performance level and applied by frontrunners. • We identified

  8. International Trade: Rules of Origin

    Science.gov (United States)

    2009-03-06

    workers in factories owned and operated by Chinese, Japanese and Korean subcontractors under allegedly “ sweatshop conditions .”71 Because articles of...5a. CONTRACT NUMBER 5b. GRANT NUMBER 5c. PROGRAM ELEMENT NUMBER 6. AUTHOR(S) 5d. PROJECT NUMBER 5e. TASK NUMBER 5f. WORK UNIT NUMBER 7...The Agreement established a three-year (beginning in 1996) Harmonization Work Program (HWP) in an effort to develop uniform, cooperative, and

  9. 75 FR 81644 - Meeting of the Judicial Conference Committee on Rules of Practice and Procedure

    Science.gov (United States)

    2010-12-28

    ..., Courtroom 5, 95 Seventh Street, San Francisco, CA. FOR FURTHER INFORMATION CONTACT: Peter G. McCabe... 20544, telephone (202) 502-1820. Dated: December 21, 2010. Peter G. McCabe, Rules Committee Support...

  10. Conceptualising and managing trade-offs in sustainability assessment

    International Nuclear Information System (INIS)

    Morrison-Saunders, Angus; Pope, Jenny

    2013-01-01

    One of the defining characteristics of sustainability assessment as a form of impact assessment is that it provides a forum for the explicit consideration of the trade-offs that are inherent in complex decision-making processes. Few sustainability assessments have achieved this goal though, and none has considered trade-offs in a holistic fashion throughout the process. Recent contributions such as the Gibson trade-off rules have significantly progressed thinking in this area by suggesting appropriate acceptability criteria for evaluating substantive trade-offs arising from proposed development, as well as process rules for how evaluations of acceptability should occur. However, there has been negligible uptake of these rules in practice. Overall, we argue that there is inadequate consideration of trade-offs, both process and substantive, throughout the sustainability assessment process, and insufficient considerations of how process decisions and compromises influence substantive outcomes. This paper presents a framework for understanding and managing both process and substantive trade-offs within each step of a typical sustainability assessment process. The framework draws together previously published literature and offers case studies that illustrate aspects of the practical application of the framework. The framing and design of sustainability assessment are vitally important, as process compromises or trade-offs can have substantive consequences in terms of sustainability outcomes delivered, with the choice of alternatives considered being a particularly significant determinant of substantive outcomes. The demarcation of acceptable from unacceptable impacts is a key aspect of managing trade-offs. Offsets can be considered as a form of trade-off within a category of sustainability that are utilised to enhance preferred alternatives once conditions of impact acceptability have been met. In this way they may enable net gains to be delivered; another imperative

  11. Conceptualising and managing trade-offs in sustainability assessment

    Energy Technology Data Exchange (ETDEWEB)

    Morrison-Saunders, Angus, E-mail: A.Morrison-Saunders@murdoch.edu.au [School of Geo and Spatial Sciences, North West University (South Africa); School of Environmental Science, Murdoch University (Australia); Pope, Jenny [School of Geo and Spatial Sciences, North West University (South Africa); Integral Sustainability (Australia); Curtin University (Australia)

    2013-01-15

    One of the defining characteristics of sustainability assessment as a form of impact assessment is that it provides a forum for the explicit consideration of the trade-offs that are inherent in complex decision-making processes. Few sustainability assessments have achieved this goal though, and none has considered trade-offs in a holistic fashion throughout the process. Recent contributions such as the Gibson trade-off rules have significantly progressed thinking in this area by suggesting appropriate acceptability criteria for evaluating substantive trade-offs arising from proposed development, as well as process rules for how evaluations of acceptability should occur. However, there has been negligible uptake of these rules in practice. Overall, we argue that there is inadequate consideration of trade-offs, both process and substantive, throughout the sustainability assessment process, and insufficient considerations of how process decisions and compromises influence substantive outcomes. This paper presents a framework for understanding and managing both process and substantive trade-offs within each step of a typical sustainability assessment process. The framework draws together previously published literature and offers case studies that illustrate aspects of the practical application of the framework. The framing and design of sustainability assessment are vitally important, as process compromises or trade-offs can have substantive consequences in terms of sustainability outcomes delivered, with the choice of alternatives considered being a particularly significant determinant of substantive outcomes. The demarcation of acceptable from unacceptable impacts is a key aspect of managing trade-offs. Offsets can be considered as a form of trade-off within a category of sustainability that are utilised to enhance preferred alternatives once conditions of impact acceptability have been met. In this way they may enable net gains to be delivered; another imperative

  12. Energy trading. Re-establishing sound foundations

    International Nuclear Information System (INIS)

    Cohen, F.; Wiegand, M.

    2002-01-01

    The worlds of energy and financial trading have fused to deliver a radically transformed and highly unpredictable marketplace. It is a market, though, in a state of flux, fraught with uncertainty in the aftermath of the Enron collapse and the string of trading revelations in the United States. The global power and gas industry is more exposed than ever before to economic uncertainty and other problems. Enron's collapse did not stem from problems intrinsic to energy trading. Nonetheless, it has shrunk investor and market confidence through the downgrading of credit ratings for some companies to junk status. The result is a critically undermined capital market for power and gas companies. Heightened regulatory concerns mean that trading practices and rules will continue to be the subject of intense scrutiny. In spite of this turmoil, open markets will continue to develop. Energy trading is not just here to stay but will be an increasingly vital strategic value driver for energy companies around the globe. The need for trading is unchanged. Participants with the skills, capital and willingness to comply with new market rules will engage in these markets in a meaningful way. For those that get it right, the very uncertainty of the new energy landscape will create opportunities for enhanced shareholder value. For others, this new uncertain world will bring fresh failures and some existing players may cease to have a viable independent future

  13. A trade balance

    DEFF Research Database (Denmark)

    Daugbjerg, Carsten; Kay, Adrian

    2014-01-01

    The establishment of the World Trade Organization (WTO) has been widely accepted as representing the legalisation of world trading rules. However, it is important to reflect on the limits of this legalisation thesis in terms of the interface between international and domestic policy processes. By...

  14. Rules for the certification of good practices in clinical laboratories. No regulation. 3-2009. Good Laboratory Practice

    International Nuclear Information System (INIS)

    2015-01-01

    Regulation for Certification of Good Practices in clinical laboratories, hereinafter Regulation establishes the methodology and procedures for clinical laboratories to demonstrate their state of compliance with good practices, according to Regulation 3-2009, and that the CECMED can verify.

  15. Trade-offs in the performance of workflows - quantifying the impact of best practices

    NARCIS (Netherlands)

    Jansen-Vullers, M.H.; Kleingeld, P.A.M.; Loosschilder, M.W.N.C.; Netjes, M.; Reijers, H.A.; Hofstede, ter A.; Benatallah, B.; Paik, H.Y.

    2008-01-01

    Business process redesign is one of the most powerful ways to boost business performance and to improve customer satisfaction [14]. A possible approach to business process redesign is using redesign best practices. A previous study identified a set of 29 different redesign best practices [18].

  16. International Trade in Practice of Enterprises Activity Tarptautinė prekyba įmonių veiklos praktikoje

    Directory of Open Access Journals (Sweden)

    Aurelija Burinskienė

    2011-02-01

    Full Text Available

    Nowadays importance of international trade is rising; new perspectives for enterprises to sell products at international markets are more significant.In the article theoretical and practical aspects of international trade development are analysed; European Union manufacturing and trade enterprises are compared; practice of manufacturing and trade enterprises activity for development of international trade are presented. The study results show that European Union manufacturing enterprises are more active in international trade than trade enterprises. Also research shows that within manufacturing enterprises Denmark and Luxembourg enterprises are the most active in selling products abroad and in using traditional and online international trade development methods.

    Keywords: international trade, trade enterprises, manufacturing enterprises, comparison.

    Pastebima, kad visoje Europos Sąjungos erdvėje susiformavo viena poerdvė, funkcionuojanti pagal bendrus standartus. Minėtoje poerdvėje, plėtojant tarptautinę prekybą, nėra aktyviai taikomos elektroninės komercijos technologijos. Palyginus gamybos ir prekybos įmones, nustatyta, kad Europos Sąjungos gamybos įmonės yra aktyvesnės parduodamos prekes užsienio rinkose, tačiau taip pat pastebėta, kad šios įmonės yra inertiškos ir dažniausiai taiko tradicinius tarptautinės prekybos plėtojimo būdus. Atlikus literatūros analizę pastebima, kad, nagrinėjant tarptautinę prekybą, turėtų būti suvokiama ir analizuojama

  17. 78 FR 24336 - Rules of Practice and Procedure; Adjusting Civil Money Penalties for Inflation

    Science.gov (United States)

    2013-04-25

    ... civil monetary penalty was last set or adjusted pursuant to law.'' Furthermore, the increase for each...; Adjusting Civil Money Penalties for Inflation AGENCY: Farm Credit Administration. ACTION: Final rule. SUMMARY: This regulation implements inflation adjustments to civil money penalties (CMPs) that the Farm...

  18. 78 FR 5281 - Revisions to Procedural Rules To Clarify Practices and Procedures Applicable in Permit Appeals...

    Science.gov (United States)

    2013-01-25

    ... sanction against permit issuer and ordering appearance at a status conference in response to ``systematic... administrative agencies should be free to fashion their own rules of procedure to pursue methods of inquiry... appearance and a response to the petition. Such documents must be filed by the deadlines provided in...

  19. Agricultural trade liberalization in the Uruguay Round : one step forward, one step back?

    OpenAIRE

    Ingco, Merlinda D.

    1995-01-01

    After evaluating the Uruguay Round's impact on agriculture and border protection in the next decade, the author concludes that while there was significant reform of the rules - particularly the conversion of nontariff barriers into tariffs and the reduction and binding of all tariffs - in practice, trade will probably be liberalized less than expected. The objective of the Round was to reverse protectionism and remove trade distortions. This may not be achieved in practice, at least not until...

  20. Trade Remedies: A Primer

    National Research Council Canada - National Science Library

    Jones, Vivian C

    2006-01-01

    The United States and many of its trading partners use laws known as trade remedies to mitigate the adverse impact of various trade practices on domestic industries and workers. U.S. antidumping laws (19 U.S.C. 1673 et seq...

  1. Trade Remedies: A Primer

    National Research Council Canada - National Science Library

    Jones, Vivian C

    2007-01-01

    The United States and many of its trading partners use laws known as trade remedies to mitigate the adverse impact of various trade practices on domestic industries and workers. U.S. antidumping (AD) laws (19 U.S.C. 1673 et seq...

  2. Trade Remedies: A Primer

    National Research Council Canada - National Science Library

    Jones, Vivian C

    2008-01-01

    The United States and many of its trading partners use laws known as trade remedies to mitigate the adverse impact of various trade practices on domestic industries and workers. U.S. antidumping (AD) laws (19 U.S.C. 1673 et seq...

  3. 17 CFR 240.19c-3 - Governing off-board trading by members of national securities exchanges.

    Science.gov (United States)

    2010-04-01

    ... members of national securities exchanges. 240.19c-3 Section 240.19c-3 Commodity and Securities Exchanges... Members § 240.19c-3 Governing off-board trading by members of national securities exchanges. The rules of each national securities exchange shall provide as follows: (a) No rule, stated policy or practice of...

  4. How to Plant a Colony in the New World. Rules and Practices in New Sweden and the Seventeenth-Century Delaware Valley

    DEFF Research Database (Denmark)

    Naum, Magdalena Ewa

    2018-01-01

    The colony of New Sweden (1638–55), like other colonial settlements in America, was structured by a set of laws and regulations. The comprehensive instructions given to the subsequent governors ordered the particulars of everyday life. They dictated settlers’ means of sustenance and rights to trade......, detailed rules of engagement with other European colonists and Native Americans, established a system of criminal justice and regulated religious life. Most of these regulations were unquestioned and followed because they constituted a cohesive set of rules that helped to reconstruct settlers’ lives...... in the colony and instilled a sense of continuity. Others, particularly those laws pertaining to moral and orderly conduct and trade with Native Americans, were frequently transgressed by the colonists, despite the risk of severe punishments. Using historical and archaeological records, this chapter examines...

  5. Getting ready for identity theft rules: creating a prevention program for your medical practice.

    Science.gov (United States)

    Cascardo, Debra

    2009-01-01

    Identity theft worries have found their way into medical practices. By August 1, 2009, all "creditors" must have a written program to prevent, detect, and minimize damage from identity theft. Any medical practice that bills patients is considered a creditor. Like HIPAA, these new Red Flag guidelines will serve to protect your practice from lawsuits as well as protect your patients from identity theft of their financial, personal, and medical information.

  6. Survey of International Rules and Practices Regarding Delineation of and Access to Regulated Areas for Radiation Protection - Final report

    International Nuclear Information System (INIS)

    Schieber, C.; Crouail, P.; Beltrami, L.-A.; Reaud, C.; Lehtinen, Maaret; Stritt, Nicolas; Thomas, Gareth

    2013-06-01

    European requirements for radiological protection, especially work on transposing the new EURATOM Directive on the basic radiological protection standards, are currently being revised. The Direction generale du travail (DGT - General Directorate of Labour) and the Autorite de Surete Nucleaire (ASN - Nuclear Safety Authority) therefore commissioned the Radiological Protection Standing Groups of experts (GPRAD and GPMED)1 to engage in a forward-looking debate on the delimitation of and access to regulated areas, within an ad hoc working group (called hereafter 'Classification of Area WG'). To fuel its debates, the 'Classification of Area WG' sought elements on international regulations and practices focusing on problem exposure situations in various areas of activity (nuclear, industrial, research, medical, transport and natural boosted). CEPN was entrusted with this study. This report presents a summary of rules applicable in seven countries in terms of delimitation of and access to regulated radiological protection areas. The countries are: Belgium, Spain, United States, Finland, United Kingdom, Sweden and Switzerland. Detailed sheets for each country can be found in the Annex. Based on these summaries, three countries have been selected to apply their rules and practices in force to a dozen or so particular cases put together by the 'Classification of Area WG' that are representative of exposure situations. The three countries are Finland, United Kingdom and Switzerland. The case studies applied to each country are presented in the second part of this report

  7. Medicine, methodology, and values: trade-offs in clinical science and practice.

    Science.gov (United States)

    Ho, Vincent K Y

    2011-01-01

    The current guidelines of evidence-based medicine (EBM) presuppose that clinical research and clinical practice should advance from rigorous scientific tests as they generate reliable, value-free knowledge. Under this presupposition, hypotheses postulated by doctors and patients in the process of their decision making are preferably tested in randomized clinical trials (RCTs), and in systematic reviews and meta-analyses summarizing outcomes from multiple RCTs. Since testing under this scheme is predominantly focused on the criteria of generality and precision achieved through methodological rigor, at the cost of the criterion of realism, translating test results to clinical practice is often problematic. Choices concerning which methodological criteria should have priority are inevitable, however, as clinical trials, and scientific research in general, cannot meet all relevant criteria at the same time. Since these choices may be informed by considerations external to science, we must acknowledge that science cannot be value-free in a strict sense, and this invites a more prominent role for value-laden considerations in evaluating clinical research. The urgency for this becomes even more apparent when we consider the important yet implicit role of scientific theories in EBM, which may also be subjected to methodological evaluation and for which selectiveness in methodological focus is likewise inevitable.

  8. BP's emissions trading system

    International Nuclear Information System (INIS)

    Victor, David G.; House, Joshua C.

    2006-01-01

    Between 1998 and 2001, BP reduced its emissions of greenhouse gases by more than 10%. BP's success in cutting emissions is often equated with its use of an apparently market-based emissions trading program. However no independent study has ever examined the rules and operation of BP's system and the incentives acting on managers to reduce emissions. We use interviews with key managers and with traders in several critical business units to explore the bound of BP's success with emissions trading. No money actually changed hands when permits were traded, and the main effect of the program was to create awareness of money-saving emission controls rather than strong price incentives. We show that the trading system did not operate like a 'textbook' cap and trade scheme. Rather, the BP system operated much like a 'safety valve' trading system, where managers let the market function until the cost of doing so surpassed what the company was willing to tolerate

  9. 26 CFR 1.884-2T - Special rules for termination or incorporation of a U.S. trade or business or liquidation or...

    Science.gov (United States)

    2010-04-01

    ... in a trust. [Reserved]. See § 1.884-2(a)(5) for rules relating to this paragraph. (6) Coordination... distributee up a chain of corporate shareholders for purposes of applying this paragraph (c)(4)(iii) to...

  10. 7 CFR 50.1 - Scope and applicability of rules of practice.

    Science.gov (United States)

    2010-01-01

    ... Section 50.1 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE MARKETING OF PERISHABLE AGRICULTURAL... failure to comply with any similar requirements set forth in applicable regulations. ...

  11. Military Justice: Courts of Military Review--Rules of Practice and Procedure

    National Research Council Canada - National Science Library

    1986-01-01

    ...) This revision, in conformity with the Military Justice Act of 1983 and Manual for Courts-Martial 1984, changes past practice and procedures in several significant areas, and alters other procedures...

  12. Practical Applications of Evolutionary Computation to Financial Engineering Robust Techniques for Forecasting, Trading and Hedging

    CERN Document Server

    Iba, Hitoshi

    2012-01-01

    Practical Applications of Evolutionary Computation to Financial Engineering” presents the state of the art techniques in Financial Engineering using recent results in Machine Learning and Evolutionary Computation. This book bridges the gap between academics in computer science and traders and explains the basic ideas of the proposed systems and the financial problems in ways that can be understood by readers without previous knowledge on either of the fields. To cement the ideas discussed in the book, software packages are offered that implement the systems described within. The book is structured so that each chapter can be read independently from the others. Chapters 1 and 2 describe evolutionary computation. The third chapter is an introduction to financial engineering problems for readers who are unfamiliar with this area. The following chapters each deal, in turn, with a different problem in the financial engineering field describing each problem in detail and focusing on solutions based on evolutio...

  13. Practice of gas appliance engineering in households and trade; Praxis der Gasanwendungstechnik in Haushalt und Gewerbe

    Energy Technology Data Exchange (ETDEWEB)

    Joos, L.

    2002-07-01

    This practice oriented dictionary describes gas burners and gas engine technology as also required gases for operation of this appliances. Beside the presentation of this used fuel gases an their characteristica many gas appliances for cooking, heating and hot water treatment etc. are shown and described. Cogeneration is also a topic as reduction of pollutant emissions, gas exchangeability and possibilities to save energy. Many pictures and tables support the understanding of this complex technology. From the authors experiences of 34 years developing gas appliances can profit customer consultants of gas supplies, gas installation crews and constructors of heating systems. Last not least for students this practice oriented completion should be interesting in contrast to the mainly theoretical high school education. (GL) [German] Das vorliegende Buch spiegelt den aktuellen Stand der Gasanwendungstechnik auf dem haushaltlichen und gewerblichen Sektor. Als praxisorientiertes Nachschlagewerk beschreibt es sowohl die Gasbrenner- und Gasgeraetetechnik als auch die fuer den Betrieb dieser Gasgeraete erforderlichen Gase. Neben der Vorstellung der eingesetzten Brenngase und ihrer Kenngroessen wird eine Vielzahl unterschiedlicher Gasgeraete zum Heizen, Kochen, zur Warmwasserbereitung etc. beschrieben und erlaeutert. Darueber hinaus ist die Kraft-Waerme-Kopplung ebenso ein Thema wie die Reduzierung von Schadstoffemissionen, die Austauschbarkeit der Gase und die Moeglichkeiten der Energieeinsparung. Dem besseren Verstaendnis der komplexen Thematik dienen zahlreiche Bilder und Tabellen. Von den praktischen Erfahrungen, die der Autor in 35 Jahren auf dem Gebiet der gasanwendungstechnischen Entwicklung sammelte, profitieren in erster Linie Kundenberater der Gasversorgungsgesellschaften, Gasinstallateure und Heizungsbauer. Aber auch fuer Studenten wird diese praxisbezogene Ergaenzung des ueberwiegend theoretischen Hochschulunterrichts interessant sein. (orig.)

  14. Religious dietary rules and the protection of religious freedom: some evidence from practice in Italy

    Directory of Open Access Journals (Sweden)

    Miriam Abu Salem

    2015-01-01

    Full Text Available In the Italian system freedom of worship provided by the Constitution is safeguarded by unilateral and contractual norms, sanctioned for minority confessions by an agreement, named intesa, that also concerns dietary issues. Muslim communities, however, as they have no intesa with the Italian state, are always compelled to negotiate in respect of their religious norms. Religious freedom concerns- not only ritual acts, but also behaviours including dietary ones, which are based on religious beliefs. The aim of this paper is to critically reconstruct how Italy takes charge of religiously-motivated needs concerning food and beverages, both for those confessions holding an intesa (such as Hebraism and for those not (Islam, in order to trace the real degree to which freedom of worship is guaranteed in Italy. The analysis will be focused on the bargaining for religious dietary rules in schools and in constraining institutes, as they are main social spaces of confrontation between believers and the state.

  15. A Review of Economic Analyses on the World Trade Organization

    OpenAIRE

    Jee-Hyeong Park

    2002-01-01

    The GATT, which later became the WTO, has contributed to the expansion and activation of world trade by assisting trading partners to establish and enforce international trade rules through multilateral trade negotiations. Currently negotiations for new trade rules are contironing by launching Doha Round. This review intends to promote understanding of a basic analytical framework, upon which constructive debates and research have been conducted about the role of the WTO in the world trade re...

  16. Design rules of mechanical structure of reactors. Damage due to cyclic loading. Progressive distortion. Practical analysis of ratcheting

    International Nuclear Information System (INIS)

    Clement, Gerard; Cousseran, Pierre; Lebey, Jacques; Moulin, Didier; Roche, Roland; Tremblais, Andre.

    1982-08-01

    At first is given a definition of what is ratcheting. A short discussion shows that computation results do not agree with experimental results. This is attributed to the complexity of the real material behavior. These considerations lead to try to build a design rule mainly based on the results of experimental tests. A large experimental program is in progress at CEN-Saclay. Using these results and the results available in open litterature, it was possible to propose a rule based on the concept of effective primary stress Psub(eff). The effective primary stress is a fictitious primary stress giving the same effects that the real loading (it is to say the same effect that the combination of an applied primary stress P and a cyclic straining). Determination of an upper bound value of Psub(eff) is made with the help of an efficiency diagram. More precisely the efficiency diagram include a curve giving a conservative value of an efficiency index V=P/Psub(eff) as a function of the secondary quotient SQ=ΔQ/P. Finally limitation of Psub(eff) intensity is discussed in regard with the current practice [fr

  17. Trade Policy

    OpenAIRE

    Murray Gibbs

    2007-01-01

    In an otherwise insightful and thoughtful article, Sebastian Pfotenhauer (Trade Policy Is Science Policy,” Issues, Fall 2013) might better have entitled his contribution “Trade Policy Needs to Be Reconciled with Science Policy.” The North American Free Trade Agreement (NAFTA) and the agreements administered by the World Trade Organization, particularly the General Agreement on Tariffs and Trade (GATT) and the Technical Barriers to Trade (TBT), were adopted to promote international trade and i...

  18. Current good manufacturing practice in manufacturing, processing, packing, or holding of drugs; revision of certain labeling controls. Final rule.

    Science.gov (United States)

    2012-03-20

    The Food and Drug Administration (FDA) is amending the packaging and labeling control provisions of the current good manufacturing practice (CGMP) regulations for human and veterinary drug products by limiting the application of special control procedures for the use of cut labeling to immediate container labels, individual unit cartons, or multiunit cartons containing immediate containers that are not packaged in individual unit cartons. FDA is also permitting the use of any automated technique, including differentiation by labeling size and shape, that physically prevents incorrect labeling from being processed by labeling and packaging equipment when cut labeling is used. This action is intended to protect consumers from labeling errors more likely to cause adverse health consequences, while eliminating the regulatory burden of applying the rule to labeling unlikely to reach or adversely affect consumers. This action is also intended to permit manufacturers to use a broader range of error prevention and labeling control techniques than permitted by current CGMPs.

  19. One rule to grow them all: a general theory of neuronal branching and its practical application.

    Directory of Open Access Journals (Sweden)

    Hermann Cuntz

    2010-08-01

    Full Text Available Understanding the principles governing axonal and dendritic branching is essential for unravelling the functionality of single neurons and the way in which they connect. Nevertheless, no formalism has yet been described which can capture the general features of neuronal branching. Here we propose such a formalism, which is derived from the expression of dendritic arborizations as locally optimized graphs. Inspired by Ramón y Cajal's laws of conservation of cytoplasm and conduction time in neural circuitry, we show that this graphical representation can be used to optimize these variables. This approach allows us to generate synthetic branching geometries which replicate morphological features of any tested neuron. The essential structure of a neuronal tree is thereby captured by the density profile of its spanning field and by a single parameter, a balancing factor weighing the costs for material and conduction time. This balancing factor determines a neuron's electrotonic compartmentalization. Additions to this rule, when required in the construction process, can be directly attributed to developmental processes or a neuron's computational role within its neural circuit. The simulations presented here are implemented in an open-source software package, the "TREES toolbox," which provides a general set of tools for analyzing, manipulating, and generating dendritic structure, including a tool to create synthetic members of any particular cell group and an approach for a model-based supervised automatic morphological reconstruction from fluorescent image stacks. These approaches provide new insights into the constraints governing dendritic architectures. They also provide a novel framework for modelling and analyzing neuronal branching structures and for constructing realistic synthetic neural networks.

  20. Trade-off between water pollution prevention, agriculture profit, and farmer practice--an optimization methodology for discussion on land-use adjustment in China.

    Science.gov (United States)

    Liu, Jianchang; Zhang, Luoping; Zhang, Yuzhen; Deng, Hongbing

    2015-01-01

    Agricultural decision-making to control nonpoint source (NPS) water pollution may not be efficiently implemented, if there is no appropriate cost-benefit analysis on agricultural management practices. This paper presents an interval-fuzzy linear programming (IFLP) model to deal with the trade-off between agricultural revenue, NPS pollution control, and alternative practices through land adjustment for Wuchuan catchment, a typical agricultural area in Jiulong River watershed, Fujian Province of China. From the results, the lower combination of practice 1, practice 2, practice 3, and practice 7 with the land area of 12.6, 5.2, 145.2, and 85.3 hm(2), respectively, could reduce NPS pollution load by 10%. The combination yields an income of 98,580 Chinese Yuan/a. If the pollution reduction is 15%, the higher combination need practice 1, practice 2, practice 3, practice 5, and practice 7 with the land area of 54.4, 23.6, 18.0, 6.3, and 85.3 hm(2), respectively. The income of this combination is 915,170 Chinese Yuan/a. The sensitivity analysis of IFLP indicates that the cost-effective practices are ranked as follows: practice 7 > practice 2 > practice 1 > practice 5 > practice 3 > practice 6 > practice 4. In addition, the uncertainties in the agriculture NPS pollution control system could be effectively quantified by the IFLP model. Furthermore, to accomplish a reasonable and applicable project of land-use adjustment, decision-makers could also integrate above solutions with their own experience and other information.

  1. International Organizations and Trade

    OpenAIRE

    Antras, Pol

    2010-01-01

    The three central primitives of international trade theory are consumer preferences, factor endowments, and the production technologies that allow firms to transform factors of production into consumer goods. A limitation of traditional trade theory, however, is that the specification of technology treats the mapping between factors of production and final goods as a black box. In practice, the decisions of agents in organizations determine this mapping. Recently, international trade economis...

  2. THE LEGAL CAPACITY TO TRADE

    OpenAIRE

    ADELIN UNGUREANU

    2014-01-01

    Trading is a part of our society. The man has been trading from ancient times so the amount of trades and transactions around the world is huge. In order for us to initiate, organize and deploy such trades we have to have certain rules which can help regulate the social and professional or legal aspect of trades. Therefore the sole trader capacity must be obtained and used in order for the contracts to be valid. The right and obligations that come with this capacity constitute activities t...

  3. THE LEGAL CAPACITY TO TRADE

    Directory of Open Access Journals (Sweden)

    ADELIN UNGUREANU

    2014-12-01

    Full Text Available Trading is a part of our society. The man has been trading from ancient times so the amount of trades and transactions around the world is huge. In order for us to initiate, organize and deploy such trades we have to have certain rules which can help regulate the social and professional or legal aspect of trades. Therefore the sole trader capacity must be obtained and used in order for the contracts to be valid. The right and obligations that come with this capacity constitute activities that can be reflected and analysed by obtaining and maintain the sole trader status.

  4. DO TANZANIAN COMPANIES PRACTICE PECKING ORDER THEORY, AGENCY COST THEORY OR TRADE-OFF THEORY? AN EMPIRICAL STUDY IN TANZANIAN LISTED COMPANIES

    Directory of Open Access Journals (Sweden)

    Ntogwa Ng'habi Bundala

    2012-01-01

    Full Text Available The empirical study was focused predominantly on validity tests of the three theories on capital structures, the static trade-off theory, the pecking order theory (information asymmetry theory, and agency cost theory in the Tanzanian context. The study used secondary data from eight of the non-financial companies listed in Dar Es Salaam Stock Exchange (DSE from 2006-2012. The study used descriptive (quantitative approach to test the practicality of the theories in Tanzania. The multiple regressions model used to test the theoretical relationship between the financial leverage and characteristics of the company. The research found that there is no strong evidence for validation of static trade off theory, little support of pecking order theory, but the agency cost theory is confirmed to be valid and practiced in Tanzania. It recommended that Tanzanian companies should be adhering to the determinants of the capital structure in the Tanzanian context found by this study.

  5. Preferential Trade Arrangements and the Pattern of Production and Trade when Inputs are Differentiated

    NARCIS (Netherlands)

    J.F. François (Joseph)

    2005-01-01

    textabstractThis paper is concerned with rules of origin when intermediate goods are differentiated. An analytical model emphasizes trade patterns and the relative importance of trade in intermediates given trade preferences. Econometric evidence based on intra-OECD trade in motor vehicles and motor

  6. Current good manufacturing practice and investigational new drugs intended for use in clinical trials. Final rule.

    Science.gov (United States)

    2008-07-15

    The Food and Drug Administration (FDA) is amending the current good manufacturing practice (CGMP) regulations for human drugs, including biological products, to exempt most phase 1 investigational drugs from complying with the regulatory CGMP requirements. FDA will continue to exercise oversight of the manufacture of these drugs under FDA's general statutory CGMP authority and through review of the investigational new drug applications (IND). In addition, elsewhere in this issue of the Federal Register, FDA is announcing the availability of a guidance document entitled "Guidance for Industry: CGMP for Phase 1 Investigational Drugs" dated November 2007 (the companion guidance). This guidance document sets forth recommendations on approaches to compliance with statutory CGMP for the exempted phase 1 investigational drugs. FDA is taking this action to focus a manufacturer's effort on applying CGMP that is appropriate and meaningful for the manufacture of the earliest stage investigational drug products intended for use in phase 1 clinical trials while ensuring safety and quality. This action will also streamline and promote the drug development process.

  7. 75 FR 70973 - Registration of Foreign Boards of Trade

    Science.gov (United States)

    2010-11-19

    ... prospectively to facilitate direct access to the electronic trading system of a foreign board of trade by its U... Trade; Proposed Rule #0;#0;Federal Register / Vol. 75 , No. 223 / Friday, November 19, 2010 / Proposed... Registration of Foreign Boards of Trade AGENCY: Commodity Futures Trading Commission. ACTION: Notice of...

  8. Permit trading and credit trading

    DEFF Research Database (Denmark)

    Boom, Jan-Tjeerd; R. Dijstra, Bouwe

    This paper compares emissions trading based on a cap on total emissions (permit trading) and on relative standards per unit of output (credit trading). Two types of market structure are considered: perfect competition and Cournot oligopoly. We find that output, abatement costs and the number...... of firms are higher under credit trading. Allowing trade between permit-trading and credit-trading sectors may increase in welfare. With perfect competition, permit trading always leads to higher welfare than credit trading. With imperfect competition, credit trading may outperform permit trading....... Environmental policy can lead to exit, but also to entry of firms. Entry and exit have a profound impact on the performance of the schemes, especially under imperfect competition. We find that it may be impossible to implement certain levels of total industry emissions. Under credit trading several levels...

  9. The politics of trade and industrial policy in Africa: forced consensus?

    International Development Research Centre (IDRC) Digital Library (Canada)

    In principle, the countries are free to choose whatever policies that serve their interests best. In practice, both WTO rules and the globalization process are rapidly altering ...... Relative price distortions, such as trade taxes and investment subsidies, are ...... Hong Kong and Singapore are slightly behind, followed by Malaysia, ...

  10. 77 FR 32631 - Lion Oil Trading & Transportation, Inc., Magnolia Pipeline Company, and El Dorado Pipeline...

    Science.gov (United States)

    2012-06-01

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR12-13-000] Lion Oil... of the Commission's Rules of Practice and Procedure, 18 CFR 385.202 (2011), Lion Oil Trading & Transportation, Inc., Magnolia Pipeline Company, and El Dorado Pipeline Company, collectively, Lion Companies...

  11. Deliberative Engagement within the World Trade Organization: A Functional Substitute for Authoritative Interpretations

    DEFF Research Database (Denmark)

    Creamer, Cosette; Godzimirska, Zuzanna

    2016-01-01

    The transition from the General Agreement on Tariffs and Trade (GATT) dispute settlement proceedings to the Dispute Settlement Mechanism (DSM) of the World Trade Organization (WTO) represented a notable instance of judicialization within international economic governance. Since it began ruling......) prior to adoption of the dispute settlement rulings. We argue that such an increase would better enable the DSM to consider the interpretive preferences of the WTO membership as a whole, thus enabling it to better fulfill its fiduciary duties and its responsibility of deliberative engagement...... with Members in particular. This Article specifies how the proposal would work in practice and addresses potential limitations and obstacles to its implementation....

  12. Science Informational Trade Books: An Exploration of Text-based Practices and Interactions in a First-grade Classroom

    Science.gov (United States)

    Schreier, Virginia A.

    Although scholars have long advocated the use of informational texts in the primary grades, gaps and inconsistencies in research have produced conflicting reports on how teachers used these texts in the primary curriculum, and how primary students dealt with them during instruction and on their own (e.g., Saul & Dieckman, 2005). Thus, to add to research on informational texts in the primary grades, the purpose of this study was to examine: (a) a first-grade teacher's use of science informational trade books (SITBs) in her classroom, (b) the ways students responded to her instruction, and (c) how students interacted with these texts. My study was guided by a sociocultural perspective (e.g., Bakhtin, 1981; Vygotsky, 1978), providing me a lens to examine participants during naturally occurring social practices in the classroom, mediated by language and other symbolic tools. Data were collected by means of 28 observations, 6 semi-structured interviews, 21 unstructured interviews, and 26 documents over the course of 10 weeks. Three themes generated from the data to provide insight into the teacher's and students' practices and interactions with SITBs. First, the first-grade teacher used SITBs as teaching tools during guided conversations around the text to scaffold students' understanding of specialized vocabulary, science concepts, and text features. Her instruction with SITBs included shared reading lessons, interactive read-alouds and learning activities during two literacy/science units. However, there was limited use of SITBs during the rest of her reading program, in which she demonstrated a preference for narrative. Second, students responded to instruction by participating in guided conversations around the text, in which they used prior knowledge, shared ideas, and visual representations (e.g., illustrations, diagrams, labels, and captions) to actively make meaning of the text. Third, students interacted with SITBs on their own to make sense of science, in

  13. Microbiopsy a first-level diagnostic test to rule out oral dysplasia or carcinoma in general dental practice.

    Science.gov (United States)

    Pentenero, M; Val, M; Rosso, S; Gandolfo, S

    2018-03-01

    Diagnostic delay in oral oncology could be improved if general dentists had a reliable and easy-to-use first-level diagnostic test to rule out the presence of oral dysplasia or carcinoma. Microbiopsy has been proved to have high sensitivity and high negative predictive value in a clinical setting characterized by high prevalence of disease. Moreover, it has been proved to be easily performed by general dentists. This study aimed to determine the negative predictive value of microbiopsy in routine dental practice: a clinical setting characterized by low prevalence of disease. Within the frame of a previous study, general dentists from the Metropolitan Area of Turin performed microbiopsy for each oral mucosal lesion detected during their practice. The clinical outcome of 129 lesions negative at microbiopsy was checked by a query performed through the database of the Piedmont Cancer Registry, covering the population of the Metropolitan Area of Turin, with particular reference to cancer involving the mouth (ICD-10:C03-06). This allowed us to define "true negative" cases and to calculate the negative predictive value of microbiopsy. In a mean follow-up of 7.5 years (range 7-9 years), with a dropout rate of 7.7%, no case of tumour involving the mouth was observed, thus revealing a negative predictive value approaching 100%. Microbiopsy represents an easy-to-use and reliable first-level test able to aid general dentists to select patients requiring an oral medicine assessment in a short time and definitely to avoid diagnostic delay in oncologically relevant oral mucosal lesions. © 2018 John Wiley & Sons A/S. Published by John Wiley & Sons Ltd. All rights reserved.

  14. 77 FR 48611 - Rules of Practice for Trials Before the Patent Trial and Appeal Board and Judicial Review of...

    Science.gov (United States)

    2012-08-14

    ... by motion reasonably could have been, raised and decided (Sec. 42.73(a)). As to the estoppel... subject matter estoppel triggered by a prior Board, district court, or U.S. International Trade Commission...

  15. 78 FR 64885 - Freedom of Information Act (FOIA); Miscellaneous Rules Redelegation of Authority To Determine...

    Science.gov (United States)

    2013-10-30

    ... FEDERAL TRADE COMMISSION 16 CFR Part 4 Freedom of Information Act (FOIA); Miscellaneous Rules... redelegate his or her authority to determine appeals related to the Freedom of Information Act (``FOIA... in 16 CFR Part 4 Administrative practice and procedure, Freedom of Information Act. For the reasons...

  16. Alternative trading systems in Poland

    Directory of Open Access Journals (Sweden)

    Magdalena Mosionek-Schweda

    2009-12-01

    Full Text Available The first Polish alternative trading system – called NewConnect – was opened on 30 August 2007. It has the status of an organized market, but it is operated by the Warsaw Stock Exchange outside the regulated market. Two years later, on 30 September 2009, the WSE launched another market – Catalyst – which consists of four segments including: two regular markets and two alternative trading platforms. The present paper aims to describe fundamental rules of the Polish alternative trading platforms as well as to depict a short overview of their trading indicators and basic statistics.

  17. Systematic Trading: Calibration Advances through Machine Learning

    OpenAIRE

    Alvarez Teleña, S.

    2015-01-01

    Systematic trading in finance uses computer models to define trade goals, risk controls and rules that can execute trade orders in a methodical way. This thesis investigates how performance in systematic trading can be crucially enhanced by both i) persistently reducing the bid-offer spread quoted by the trader through optimized and realistically backtested strategies and ii) improving the out-of-sample robustness of the strategy selected through the injection of theory into the typically dat...

  18. Energy trading

    International Nuclear Information System (INIS)

    Glachant, J.M.; Kimman, R.; Schweickardt, H.E.

    2001-05-01

    This document brings together 18 testimonies of experts about energy trading: 1 - the energy trading experience on European deregulated markets: structure of deregulated energy markets in Europe, case study: a two years experience of a power exchange in western Europe, case study: European energy exchanges (experience of spot and future trading), case study: risk management on energy deregulated markets; 2 - the trading activity environment and realities in France: the French electrical law and the purchase for resale, experience feedback: status after 3 months of trading in France (the first experience of a French producer), the access to the power transportation network, which legal constraints for trading in France, the access of eligible clients to the French power market, conditions of implementation of a power exchange market in France, which real trading possibilities in France for producers and self-producers in the legal frame, case study: the role of trading in the company (main part or link to process), convergence of gas and electricity markets, gas-electricity trading: which pricing models; 3 - risk management and use of new technologies potentiality, the results outside the French borders: case study: what differences between the European and US markets, prices volatility and commodity risk management: towards the on-line trading, role and developments of E-business in energy trading, how to simplify trade in a liberalized market. (J.S.)

  19. Hamburg rules V Hague Visby rules an English perspective

    OpenAIRE

    Tozaj Dorian; Xhelilaj Ermal

    2010-01-01

    It has often been argued for the effect of defences provided to carriers under Art IV (2) of Hague Visby Rules to almost nullify the protection guaranteed to shippers in other provisions of this convention. Therefore an all embracing universal shipper friendly convention, merely the Hamburg Rules, need be incorporated in all countries in order to address this issue and fully satisfy the intentions of the parties for the establishment of international rules in international trade

  20. 75 FR 55269 - Telemarketing Sales Rule Fees

    Science.gov (United States)

    2010-09-10

    ... FEDERAL TRADE COMMISSION 16 CFR Part 310 RIN 3084-AA98 Telemarketing Sales Rule Fees AGENCY: Federal Trade Commission. ACTION: Policy statement. SUMMARY: The Federal Trade Commission (the ``Commission'' or ``FTC'') is giving notice that there will be no increase in the fees charged to entities...

  1. Trade, investment and the environment

    International Nuclear Information System (INIS)

    Ward, H.; Brack, D.

    2000-01-01

    As liberalisation of global trade and investment accelerates, what happens to the environment? As the world heads for confrontation in Seattle, the questions intensify. Does foreign direct investment mean forsaking environmental protection? Or do multinational corporations export higher standards when they invest abroad? Can a powerful trading nation ban imports of tropical timber produced unsustainably? Should the World Trade Organisation take the views of industry or environmental groups into account when deciding? Must world trade rules be changed to accommodate environmental concerns? This book analyzes key issues in this increasingly controversial arena and includes contributions from Renato Ruggiero, former Director General of the World Trade Organization; The Rt Hon Brian Wilson MP, former UK Minister of Trade; Dr Magda Shahin, Deputy Assistant Minister of Foreign Affairs at the Egyptian Ministry of Foreign Affairs; Pradeep Mehta, Secretary General, Consumer Unity and Trust Society, India; and Dr Michel Potier, Head of the Economics Division at the OECD's Environment Directorate. (Author)

  2. Physicians and Insider Trading.

    Science.gov (United States)

    Kesselheim, Aaron S; Sinha, Michael S; Joffe, Steven

    2015-12-01

    Although insider trading is illegal, recent high-profile cases have involved physicians and scientists who are part of corporate governance or who have access to information about clinical trials of investigational products. Insider trading occurs when a person in possession of information that might affect the share price of a company's stock uses that information to buy or sell securities--or supplies that information to others who buy or sell--when the person is expected to keep such information confidential. The input that physicians and scientists provide to business leaders can serve legitimate social functions, but insider trading threatens to undermine any positive outcomes of these relationships. We review insider-trading rules and consider approaches to securities fraud in the health care field. Given the magnitude of the potential financial rewards, the ease of concealing illegal conduct, and the absence of identifiable victims, the temptation for physicians and scientists to engage in insider trading will always be present. Minimizing the occurrence of insider trading will require robust education, strictly enforced contractual provisions, and selective prohibitions against high-risk conduct, such as participation in expert consulting networks and online physician forums, by those individuals with access to valuable inside information.

  3. 78 FR 1144 - Rules of Practice; Amendments to Delegations of Authority to the Office of General Counsel

    Science.gov (United States)

    2013-01-08

    ... delegations thereto will be to the General Counsel, with authority to sub-delegate to any Commission employee... Delegations of Authority to the Office of General Counsel AGENCY: Commodity Futures Trading Commission. ACTION... delegations of authority to the Office of General Counsel, replacing delegations to the Deputy General Counsel...

  4. Compiling standardized information from clinical practice: using content analysis and ICF Linking Rules in a goal-oriented youth rehabilitation program.

    Science.gov (United States)

    Lustenberger, Nadia A; Prodinger, Birgit; Dorjbal, Delgerjargal; Rubinelli, Sara; Schmitt, Klaus; Scheel-Sailer, Anke

    2017-09-23

    To illustrate how routinely written narrative admission and discharge reports of a rehabilitation program for eight youths with chronic neurological health conditions can be transformed to the International Classification of Functioning, Disability and Health. First, a qualitative content analysis was conducted by building meaningful units with text segments assigned of the reports to the five elements of the Rehab-Cycle ® : goal; assessment; assignment; intervention; evaluation. Second, the meaningful units were then linked to the ICF using the refined ICF Linking Rules. With the first step of transformation, the emphasis of the narrative reports changed to a process oriented interdisciplinary layout, revealing three thematic blocks of goals: mobility, self-care, mental, and social functions. The linked 95 unique ICF codes could be grouped in clinically meaningful goal-centered ICF codes. Between the two independent linkers, the agreement rate was improved after complementing the rules with additional agreements. The ICF Linking Rules can be used to compile standardized health information from narrative reports if prior structured. The process requires time and expertise. To implement the ICF into common practice, the findings provide the starting point for reporting rehabilitation that builds upon existing practice and adheres to international standards. Implications for Rehabilitation This study provides evidence that routinely collected health information from rehabilitation practice can be transformed to the International Classification of Functioning, Disability and Health by using the "ICF Linking Rules", however, this requires time and expertise. The Rehab-Cycle ® , including assessments, assignments, goal setting, interventions and goal evaluation, serves as feasible framework for structuring this rehabilitation program and ensures that the complexity of local practice is appropriately reflected. The refined "ICF Linking Rules" lead to a standardized

  5. Trade and climate change

    Energy Technology Data Exchange (ETDEWEB)

    Tamiotti, L.; Teh, R.; Kulacoglu, V. (World Trade Organization (WTO), Geneva (Switzerland)); Olhoff, A.; Simmons, B.; Abaza, H. (United Nations Environment Programme (UNEP) (Denmark))

    2009-06-15

    The Report aims to improve understanding about the linkages between trade and climate change. It shows that trade intersects with climate change in a multitude of ways. For example, governments may introduce a variety of policies, such as regulatory measures and economic incentives, to address climate change. This complex web of measures may have an impact on international trade and the multilateral trading system. The Report begins with a summary of the current state of scientific knowledge on climate change and on the options available for responding to the challenge of climate change. The scientific review is followed by a part on the economic aspects of the link between trade and climate change, and these two parts set the context for the subsequent parts of the Report, which looks at the policies introduced at both the international and national level to address climate change. The part on international policy responses to climate change describes multilateral efforts to reduce greenhouse gas emissions and to adapt to the effects of climate change, and also discusses the role of the current trade and environment negotiations in promoting trade in technologies that aim to mitigate climate change. The final part of the Report gives an overview of a range of national policies and measures that have been used in a number of countries to reduce greenhouse gas emissions and to increase energy efficiency. It presents key features in the design and implementation of these policies, in order to draw a clearer picture of their overall effect and potential impact on environmental protection, sustainable development and trade. It also gives, where appropriate, an overview of the WTO rules that may be relevant to such measures. (author)

  6. World Trade Organization: U.S. Experience in Dispute Settlement System: The First Five Years

    National Research Council Canada - National Science Library

    2000-01-01

    .... Established in January 1995 as a result of the Uruguay Round of international trade negotiations, the WTO administers rules for international trade and provides a forum for conducting trade negotiations...

  7. 78 FR 25327 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2013-04-30

    ... a broad ethical concept that covers all unethical business-related conduct. See also In the Matter... principles of trade or otherwise constitute unethical activity under NYSE Rule 2010.\\10\\ \\9\\ See In the... designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable...

  8. Law and Practice of the Obligations of the Carrier over the Cargo : The Hague-Visby Rules

    NARCIS (Netherlands)

    Djadjev, Ilian Nikolaev

    2016-01-01

    The present-day law on the carriage of goods by sea suffers from a lack of uniformity and from being not able to adequately address the current developments in the industry of international shipping. The leading liability regime which is in force, the Hague-Visby Rules, consists of rather outdated

  9. Biology Teachers Designing Context-Based Lessons for Their Classroom Practice--The Importance of Rules-of-Thumb

    Science.gov (United States)

    Wieringa, Nienke; Janssen, Fred J. J. M.; Van Driel, Jan H.

    2011-01-01

    In science education in the Netherlands new, context-based, curricula are being developed. As in any innovation, the outcome will largely depend on the teachers who design and implement lessons. Central to the study presented here is the idea that teachers, when designing lessons, use rules-of-thumb: notions of what a lesson should look like if…

  10. Termination of resuscitation in the prehospital setting: A comparison of decisions in clinical practice vs. recommendations of a termination rule

    NARCIS (Netherlands)

    Verhaert, D.V.; Bonnes, J.L.; Nas, J.; Keuper, W.; Grunsven, P.M. van; Smeets, J.L.; Boer, M.J. de; Brouwer, M.A.

    2016-01-01

    BACKGROUND: Of the proposed algorithms that provide guidance for in-field termination of resuscitation (TOR) decisions, the guidelines for cardiopulmonary resuscitation (CPR) refer to the basic and advanced life support (ALS)-TOR rules. To assess the potential consequences of implementation of the

  11. Energy trading

    International Nuclear Information System (INIS)

    Beckmann, K.; Schroeter, S.

    2009-01-01

    Two brief articles and two interviews deal with the subject of energy trading. Power and gas exchanges in Europe multiply, but, experts say, we are nowhere near a mature, integrated European energy market as yet. Trading regulations need to be improved and harmonised and interconnections expanded. European Energy Review assesses the state of energy trading in Europe and interviews the ceo's of NordPool (the Nordic power exchange) and APX (Amsterdam Power Exchange)

  12. A dynamic analysis of moving average rules

    NARCIS (Netherlands)

    Chiarella, C.; He, X.Z.; Hommes, C.H.

    2006-01-01

    The use of various moving average (MA) rules remains popular with financial market practitioners. These rules have recently become the focus of a number empirical studies, but there have been very few studies of financial market models where some agents employ technical trading rules of the type

  13. Trading Agents

    CERN Document Server

    Wellman, Michael

    2011-01-01

    Automated trading in electronic markets is one of the most common and consequential applications of autonomous software agents. Design of effective trading strategies requires thorough understanding of how market mechanisms operate, and appreciation of strategic issues that commonly manifest in trading scenarios. Drawing on research in auction theory and artificial intelligence, this book presents core principles of strategic reasoning that apply to market situations. The author illustrates trading strategy choices through examples of concrete market environments, such as eBay, as well as abst

  14. Study on the rules and practices in force abroad regarding the delimitation and access to regulated areas for radiation protection purposes. Final report - Appendices. Report no. 313

    International Nuclear Information System (INIS)

    Schieber, C.; Crouail, P.; Beltrami, L.A.; Reaud, C.

    2013-06-01

    Within the frame of a reviewing of European requirements in the field of radiation protection, this report presents a synthesis of rules which are applicable in seven countries (Belgium, Spain, United States, Finland, United-Kingdom, Sweden and Switzerland; a detailed report for each of these countries is provided in appendix) in the field of delimitation and access to regulated areas for radiation protection purposes. A synthesis is proposed for each country. Three countries are then selected (Finland, United Kingdom and Switzerland) and their rules and practices are applied to cases which correspond to representative exposure situations: a room with a glove box, a hall with hot spots, a parking of temporary warehousing (packages of used fuels), intermittent use of an X ray generator, use of an intense radiation beam, workshop being dismantled, laboratory in which radioactive iodine 131 is handled, and use of a mobile industrial radiography device

  15. Trading by Quantum Rules - Quantum Anthropic Principle

    OpenAIRE

    Piotrowski, E. W.; Sladkowski, J.

    2002-01-01

    This is a short review of the background and recent development in quantum game theory and its possible application in economics and finance. The intersection of science and society is discussed and Quantum Anthropic Principle is put forward. The review is addressed to non-specialists.

  16. Emissions Trading

    NARCIS (Netherlands)

    Woerdman, Edwin; Backhaus, Juergen

    2014-01-01

    Emissions trading is a market-based instrument to achieve environmental targets in a cost-effective way by allowing legal entities to buy and sell emission rights. The current international dissemination and intended linking of emissions trading schemes underlines the growing relevance of this

  17. Organ Trade

    NARCIS (Netherlands)

    J.A.E. Ambagtsheer (Frederike)

    2017-01-01

    markdownabstractOrgan trade constitutes the sale and purchase of organs for financial or material gain. Although prohibited since the 1980s, an increasing number of reports indicate its proliferation across the globe. Yet, many knowledge gaps exist on organ trade, in particular on the demand -and

  18. Empowerment of Marginalized Producer Groups through Fair Trade ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Empowerment of Marginalized Producer Groups through Fair Trade Practices ... Fair Trade Forum India (FTF I) is the national network of fair trade ... An IDRC delegation will join international delegates and city representatives at the ICLEI ...

  19. REGIONAL TRADE AGREEMENTS AND COMPETITION POLICY. CASE STUDY: EU, ASEAN AND NAFTA

    Directory of Open Access Journals (Sweden)

    Fora Andreea-Florina

    2014-07-01

    Full Text Available The large number of regional trade agreements notified to the World Trade Organization (WTO significantly influenced the flow of world trade. By April 2014 there had been notified 583 regional trade agreements to the WTO, of which only 379 are in force. The objective of this paper is to highlight the importance of regional trade agreements in world trade, especially the importance of establishing a regional competition policy in these agreements. The research methodology used is the analysis of legislation governing preferential trade agreements at the level of WTO, the collection and interpretation of statistical data provided by the WTO Secretariat, the case study, namely the study of literature. The paper is structured in three parts. The first part of the paper examines the basic laws based on which regional trade agreements are notified to the WTO and the evolution of these agreements in the period 1958-2013. The second part of the paper is devoted to the analysis of competition policy in regional trade agreements. In this part of the paper, to highlight the patterns of competition policy adopted under these agreements was analyzed by three case studies of competition policy in the EU, ASEAN and NAFTA. The three case studies have revealed that the three preferential trade agreements present regional competition policies with varying degrees of integration. The most complex form of competition policy is found in the European Union, because we are talking about a centralized model of competition policy. ASEAN presents a partially decentralized model, while NAFTA scrolls with a decentralized model of competition policy. The last part of the paper presents the characteristics of the four models of competition policy identified in the preferential trade agreements in force. It should be emphasized that if the initial preferential trade agreements have not put a great emphasis on the rules of competition policy, practice has shown the importance

  20. Supply Chain Security: U.S. Customs and Border Protection has Enhanced its Partnership with Import Trade Sectors by Challenges Remain in Verifying Security Practices

    National Research Council Canada - National Science Library

    Caldwell, Stephen L; Fossett, Christine A; Conrad, Christopher; Berbsteub, Amy; Berry, Fredrick; Camarillo, Yecenia; Cook, Frances; David, Katherine; Dye, Wendy; Gibson, Nkenge

    2008-01-01

    .... For example, between March 2005 and November 2007, CBP established requirements for C-TPAT members in nine trade sectors to meet minimum security criteria for their specific trade sector, including...

  1. National Versus International Mergers and Trade Liberalization

    OpenAIRE

    Yildiz, Halis Murat

    2003-01-01

    This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral trade liberalization on a country’s industry structure are found to be depending on the other country’s trade policy regime. If the other country practices free trade, unilateral liberalization by a country yields international mergers whereas if it practices a...

  2. FAIR TRADE: ITS REAL IMPACT ON THE WORKING POOR

    OpenAIRE

    Leonid A. Krasnozhon; David Simpson; Walter E. Block

    2015-01-01

    Fair trade gains popularity, while free trade is undergoing more and more criticism. Since international free trade supposedly pollutes the environment, promotes the utilization of sweatshops, exploits child labor, and impoverishes developing countries, fair trade is a preferable alternative (World Fair Trade Organization, 2011). By reviewing empirical studies and examining regulations concerning fair trade practices, this paper provides a comparative analysis of both free and fair trade in l...

  3. Foreign trade legislation, war weapons control legislation

    International Nuclear Information System (INIS)

    Hucko, E.M.

    1993-01-01

    The volume contains, in addition to an introduction into the matter, the texts of the Foreign Trade Act (FTA), the War Weapons Control Act and all relevant ordinances. Foreign trade transactions of the Federal Republic of Germany are essentially, but not exclusively, governed by the FTA. They are strongly influenced by the legislation of the European Communities which in the form of directives are immediately effective here, and in the form of guidelines oblige the German lawgiver or ordinance giver to translate them into practice, mostly by appropriate modifications of the foreign trade ordinance, the import and export lists. It is not the war weapons which are the problem, but the so-called dual-use goods, namely articles, technologies and knowledge which, as a rule, serve civil purposes, which, however, may be used also to produce weapons, in particular ABC weapons or rockets. Nowadays we are concerned about several third-world states which are obsessed by the wish to build their own atomic bomb. (orig./HSCH) [de

  4. Evaluating of foreign trade security

    OpenAIRE

    Vasyliev Andriy

    2015-01-01

    A method of evaluating foreign trade security is considered based on horizontally integrated approach to research security issues, taking into account the conditions of management, factors, components and levels of external security. The work was based theories of security, economics, management theory, practice of state regulation of foreign trade.

  5. Value Judgements and Trade-Offs in Management of Nuclear Accidents: Using an Ethical Matrix in Practical Decision-Making

    International Nuclear Information System (INIS)

    Oughton, Deborah; Bay, Ingrid; Forsberg, Ellen-Marie; Kaiser, Matthias

    2003-01-01

    Experience after the Chernobyl accident has shown that restoration strategies need to consider a wide range of different issues to ensure the long-term sustainability of large and varied contaminated areas. Thus, the criteria by which we evaluate countermeasures needs to be extended from simple cost benefit effectiveness and radiological protection standards to a more integrated, holistic approach, including social and ethical aspects. Within the EU STRATEGY project, the applicability of many countermeasures is being critically assessed using a wide range of criteria, such as practicability, environmental side-effects, public perceptions of risk, communication and dialogue, and ethical aspects such as informed consent and the fair distribution of costs and doses. Although such socio-ethical factors are now the subject of a substantial field of research, there has been little attempt to integrate them in a practical context for decision makers. Within this paper, we suggest practical means by which these can be taken into account in the decision making process, proposing use of an ethical matrix to ensure transparent and systematic consideration of values in selection of a restoration strategy. in selection of a restoration strategy

  6. Marketing instruments of foreign trade promotion

    OpenAIRE

    Bjelić Predrag

    2011-01-01

    Instruments of promotion as a part of marketing mix are usually associated with companies but more and more countries use this instrument in order to boost their exports. These foreign trade promotion instruments are now popular in many countries in the world since their use is not opposed to any World Trade Organization rules. Marketing instruments of trade promotions are the most important. They include National Exhibitions and National labels of origin and quality. In order to coordinate t...

  7. TNS engineering trade study analysis

    International Nuclear Information System (INIS)

    Chapin, D.L.; Gibson, G.

    1977-01-01

    The computer code, ground rules, and plasma scalings used in the trade studies are briefly discussed. The results of these analyses are presented in detail. The results are summarized and pertinent conclusions and recommendations regarding the TNS design options are discussed

  8. Rules, culture, and fitness.

    Science.gov (United States)

    Baum, W M

    1995-01-01

    Behavior analysis risks intellectual isolation unless it integrates its explanations with evolutionary theory. Rule-governed behavior is an example of a topic that requires an evolutionary perspective for a full understanding. A rule may be defined as a verbal discriminative stimulus produced by the behavior of a speaker under the stimulus control of a long-term contingency between the behavior and fitness. As a discriminative stimulus, the rule strengthens listener behavior that is reinforced in the short run by socially mediated contingencies, but which also enters into the long-term contingency that enhances the listener's fitness. The long-term contingency constitutes the global context for the speaker's giving the rule. When a rule is said to be "internalized," the listener's behavior has switched from short- to long-term control. The fitness-enhancing consequences of long-term contingencies are health, resources, relationships, or reproduction. This view ties rules both to evolutionary theory and to culture. Stating a rule is a cultural practice. The practice strengthens, with short-term reinforcement, behavior that usually enhances fitness in the long run. The practice evolves because of its effect on fitness. The standard definition of a rule as a verbal statement that points to a contingency fails to distinguish between a rule and a bargain ("If you'll do X, then I'll do Y"), which signifies only a single short-term contingency that provides mutual reinforcement for speaker and listener. In contrast, the giving and following of a rule ("Dress warmly; it's cold outside") can be understood only by reference also to a contingency providing long-term enhancement of the listener's fitness or the fitness of the listener's genes. Such a perspective may change the way both behavior analysts and evolutionary biologists think about rule-governed behavior.

  9. Foreign Trade

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The Foreign Trade database has monthly volume and value information for US imports, exports, and re-exports of fishery or fishery derived products. Data is...

  10. 77 FR 5073 - Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of Filing of Proposed Rule Change...

    Science.gov (United States)

    2012-02-01

    ... Trading of PHLX FOREX Options\\TM\\ January 26, 2012. Pursuant to Section 19(b)(1) of the Securities... new Phlx Rules 1000C (Applicability of Rule 1000C Series-- PHLX FOREX Options\\TM\\) \\3\\; Rule 1001C (Definitions--PHLX FOREX Options); Rule 1002C (Series of PHLX FOREX Options Open for Trading); Rule 1003C...

  11. Contra trading in Bursa Malaysia Securities Berhad: a Sharīʿah and legal appraisal

    Directory of Open Access Journals (Sweden)

    Noor Suhaida Kasri

    2017-07-01

    īʿah ruling thus affirming the issue of permissibility of contra trading. Moving forward, this paper recommends ways to address the predicaments faced in the contra trading practices as well important research areas that could be taken up in future. Originality/value - This paper provides an in-depth investigation of the practice of contra trading at the Bursa Malaysia Securities Berhad from the angles of Sharīʿah and common law.

  12. Using Best Practices to Extract, Organize, and Reuse Embedded Decision Support Content Knowledge Rules from Mature Clinical Systems.

    Science.gov (United States)

    DesAutels, Spencer J; Fox, Zachary E; Giuse, Dario A; Williams, Annette M; Kou, Qing-Hua; Weitkamp, Asli; Neal R, Patel; Bettinsoli Giuse, Nunzia

    2016-01-01

    Clinical decision support (CDS) knowledge, embedded over time in mature medical systems, presents an interesting and complex opportunity for information organization, maintenance, and reuse. To have a holistic view of all decision support requires an in-depth understanding of each clinical system as well as expert knowledge of the latest evidence. This approach to clinical decision support presents an opportunity to unify and externalize the knowledge within rules-based decision support. Driven by an institutional need to prioritize decision support content for migration to new clinical systems, the Center for Knowledge Management and Health Information Technology teams applied their unique expertise to extract content from individual systems, organize it through a single extensible schema, and present it for discovery and reuse through a newly created Clinical Support Knowledge Acquisition and Archival Tool (CS-KAAT). CS-KAAT can build and maintain the underlying knowledge infrastructure needed by clinical systems.

  13. Using Best Practices to Extract, Organize, and Reuse Embedded Decision Support Content Knowledge Rules from Mature Clinical Systems

    Science.gov (United States)

    DesAutels, Spencer J.; Fox, Zachary E.; Giuse, Dario A.; Williams, Annette M.; Kou, Qing-hua; Weitkamp, Asli; Neal R, Patel; Bettinsoli Giuse, Nunzia

    2016-01-01

    Clinical decision support (CDS) knowledge, embedded over time in mature medical systems, presents an interesting and complex opportunity for information organization, maintenance, and reuse. To have a holistic view of all decision support requires an in-depth understanding of each clinical system as well as expert knowledge of the latest evidence. This approach to clinical decision support presents an opportunity to unify and externalize the knowledge within rules-based decision support. Driven by an institutional need to prioritize decision support content for migration to new clinical systems, the Center for Knowledge Management and Health Information Technology teams applied their unique expertise to extract content from individual systems, organize it through a single extensible schema, and present it for discovery and reuse through a newly created Clinical Support Knowledge Acquisition and Archival Tool (CS-KAAT). CS-KAAT can build and maintain the underlying knowledge infrastructure needed by clinical systems. PMID:28269846

  14. 76 FR 49479 - Franchise Rule Information Collection Activities; Proposed Collection; Comment Request

    Science.gov (United States)

    2011-08-10

    ... FEDERAL TRADE COMMISSION Franchise Rule Information Collection Activities; Proposed Collection... Concerning Franchising (``Franchise Rule''). That clearance expires on December 31, 2011. DATES: Comments... INFORMATION section below. Write ``Franchise Rule, PRA Comment, FTC File No. P094400'' on your comment, and...

  15. Practical problems in the transfer of the food irradiation technology from the laboratory to the industry and trade

    International Nuclear Information System (INIS)

    Henon, Y.

    1986-09-01

    Not all applications of food irradiation developed in laboratories appear feasible at the commercial level. Without taking into account the social and economic factors, some of the obstacles regarding the commodities themselves and some practical aspects of a commercial irradiator are reviewed. The dose distribution found in most facilities make it almost impossible to irradiate products with a narrow dose range tolerance. Treatment of perishable commodities may turn to be difficult, especially in contract facilities, as it is not easy to plan. Similarly, combination of processes will not always be achievable. Applications to products for which the production is both seasonal and scattered do not appear feasible. Some progress is still needed in fields such as, packaging to avoid insect reinfestation after irradiation routine dosimetry and irradiators design

  16. A Review of Economic Analyses on the World Trade Organization

    Directory of Open Access Journals (Sweden)

    Jee-Hyeong Park

    2002-06-01

    Full Text Available The GATT, which later became the WTO, has contributed to the expansion and activation of world trade by assisting trading partners to establish and enforce international trade rules through multilateral trade negotiations. Currently negotiations for new trade rules are contironing by launching Doha Round. This review intends to promote understanding of a basic analytical framework, upon which constructive debates and research have been conducted about the role of the WTO in the world trade regime. To achieve this goal, we provide a review of recent theoretical developments in studies on the role of the WTO regarding trade negotiations and rule enforcement, based on a commonly used model of trade in the literature. With respect to trade negotiations, we review a study of the effect of the reciprocity principle and most favored nation clause of the WTO on the outcome of trade negotiations and analyze the race-to-the-bottom concerns that the exclusive focus of the WTO on tariff negotiations will promote deterioration of environmental and labor standards. Regarding the rule of enforcement, we introduce the repeated game framework that is often used in the analysis of international trade rule enforcement, then discuss the studies on the role of safeguard provisions and the dispute settlement procedure of the WTO.

  17. Application Actuation Trade Study

    Science.gov (United States)

    1982-01-01

    32 RCA PRICE-L Podel Calculated 0 & S Values 138 33 RCA PRICE LCC Summery - Typical LRU 139 34 Airplane Actuation Trade Study LCC Summary 140 35...results achieved can be duplicated by a user. The RCA PRICE Podel calculates the RDTSE. Production cost, and creates the YiDF file for use in the PCA...PR ICE L). Some of the basic program ground rules for this study were as follows: RCA - PRICE Cost Podel RCA - PRICE L Model Prototype Hardware 10

  18. 75 FR 13421 - Federal Acquisition Regulation; FAR Case 2008-036, Trade Agreements-Costa Rica, Oman, and Peru

    Science.gov (United States)

    2010-03-19

    ... 9000-AL23 Federal Acquisition Regulation; FAR Case 2008-036, Trade Agreements--Costa Rica, Oman, and... United States-Oman Free Trade Agreement, and the United States-Peru Trade Promotion Agreement. DATES... interim rule. The interim rule added Costa Rica, Oman, and Peru to the definition of ``Free Trade...

  19. Benzidine-based dyes: effects of industrial practices, regulations, and world trade on the biological stains market.

    Science.gov (United States)

    Dapson, R W

    2009-06-01

    One of the most sweeping changes in the dye industry since the advent of synthetic dyes grew out of the health risks associated with benzidine. Dyes made from benzidine and its derivatives were used around the world until adverse health effects become incontrovertible. Workers and family members of workers involved in production and use of benzidine-based dyes had a high incidence of bladder cancer. Following publication of several reports documenting this health hazard, dye makers in the USA, Europe, and Japan phased these dyes out of production in the 1970s. Government regulations lent legal support for these voluntary initiatives. Two strategies subsequently evolved to compensate: developed nations brought alternative substances to market while emerging countries increased production of carcinogenic dyes and sold them at discount prices around the world. Nearly all dye manufacturing now has moved away from nations whose costs of production and compliance rendered them unable to compete. The purpose of this brief review is to publicize the health risks associated with dyes made from benzidine and its congeners, and to alert all companies and end users handling these dyes for biomedical applications that composition of the product and lot-to-lot variability may be problematic because of the manufacturing and distribution practices of the countries where they are produced.

  20. Some Economics of Trade Secret Law

    OpenAIRE

    David D. Friedman; William M. Landes; Richard A. Posner

    1991-01-01

    Despite the practical importance of trade secrets to the business community, the law of trade secrets is a neglected orphan in economic analysis. This paper sketches an approach to the economics of trade secret law that connects it more closely both to other areas of intellectual property and to broader issues in the positive economic theory of the common law.

  1. The Ruling Relation of Evidence-Based Practice: The Case of Documentary Governance in a Social Welfare Service

    Science.gov (United States)

    Pilerot, Ola

    2016-01-01

    Introduction: Evidence-based practice has broadened and spread into new areas including librarianship. This reorientation has resulted in increased uncertainty regarding what counts as evidence and has caused a tension between formalised procedures and professional judgment. This theoretical paper aims to extend the knowledge about how…

  2. 17 CFR 166.2 - Authorization to trade.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Authorization to trade. 166.2 Section 166.2 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION CUSTOMER PROTECTION RULES § 166.2 Authorization to trade. No futures commission merchant, introducing broker or any of their...

  3. Introduction To U.S. Free Trade Agreements

    Directory of Open Access Journals (Sweden)

    Gantz David A.

    2016-12-01

    Full Text Available This introduction explores the historical changes in the trade policies of the United States (U.S., namely, the shift from the support of multilateral rules to the embracement of regional trade agreements and provides an overview of the political and economic considerations behind the conclusion of the major U.S. free trade agreements.

  4. Identifying influenza-like illness presentation from unstructured general practice clinical narrative using a text classifier rule-based expert system versus a clinical expert.

    Science.gov (United States)

    MacRae, Jayden; Love, Tom; Baker, Michael G; Dowell, Anthony; Carnachan, Matthew; Stubbe, Maria; McBain, Lynn

    2015-10-06

    We designed and validated a rule-based expert system to identify influenza like illness (ILI) from routinely recorded general practice clinical narrative to aid a larger retrospective research study into the impact of the 2009 influenza pandemic in New Zealand. Rules were assessed using pattern matching heuristics on routine clinical narrative. The system was trained using data from 623 clinical encounters and validated using a clinical expert as a gold standard against a mutually exclusive set of 901 records. We calculated a 98.2 % specificity and 90.2 % sensitivity across an ILI incidence of 12.4 % measured against clinical expert classification. Peak problem list identification of ILI by clinical coding in any month was 9.2 % of all detected ILI presentations. Our system addressed an unusual problem domain for clinical narrative classification; using notational, unstructured, clinician entered information in a community care setting. It performed well compared with other approaches and domains. It has potential applications in real-time surveillance of disease, and in assisted problem list coding for clinicians. Our system identified ILI presentation with sufficient accuracy for use at a population level in the wider research study. The peak coding of 9.2 % illustrated the need for automated coding of unstructured narrative in our study.

  5. Does GEM-Encoding Clinical Practice Guidelines Improve the Quality of Knowledge Bases? A Study with the Rule-Based Formalism

    Science.gov (United States)

    Georg, Gersende; Séroussi, Brigitte; Bouaud, Jacques

    2003-01-01

    The aim of this work was to determine whether the GEM-encoding step could improve the representation of clinical practice guidelines as formalized knowledge bases. We used the 1999 Canadian recommendations for the management of hypertension, chosen as the knowledge source in the ASTI project. We first clarified semantic ambiguities of therapeutic sequences recommended in the guideline by proposing an interpretative framework of therapeutic strategies. Then, after a formalization step to standardize the terms used to characterize clinical situations, we created the GEM-encoded instance of the guideline. We developed a module for the automatic derivation of a rule base, BR-GEM, from the instance. BR-GEM was then compared to the rule base, BR-ASTI, embedded within the critic mode of ASTI, and manually built by two physicians from the same Canadian guideline. As compared to BR-ASTI, BR-GEM is more specific and covers more clinical situations. When evaluated on 10 patient cases, the GEM-based approach led to promising results. PMID:14728173

  6. Does GEM-encoding clinical practice guidelines improve the quality of knowledge bases? A study with the rule-based formalism.

    Science.gov (United States)

    Georg, Georg; Séroussi, Brigitte; Bouaud, Jacques

    2003-01-01

    The aim of this work was to determine whether the GEM-encoding step could improve the representation of clinical practice guidelines as formalized knowledge bases. We used the 1999 Canadian recommendations for the management of hypertension, chosen as the knowledge source in the ASTI project. We first clarified semantic ambiguities of therapeutic sequences recommended in the guideline by proposing an interpretative framework of therapeutic strategies. Then, after a formalization step to standardize the terms used to characterize clinical situations, we created the GEM-encoded instance of the guideline. We developed a module for the automatic derivation of a rule base, BR-GEM, from the instance. BR-GEM was then compared to the rule base, BR-ASTI, embedded within the critic mode of ASTI, and manually built by two physicians from the same Canadian guideline. As compared to BR-ASTI, BR-GEM is more specific and covers more clinical situations. When evaluated on 10 patient cases, the GEM-based approach led to promising results.

  7. Essays on investor behavior and trading activity

    OpenAIRE

    Kyröläinen, P. (Petri)

    2007-01-01

    Abstract This thesis investigates a set of equity market phenomena associated with investors' trading activity, using a comprehensive Finnish Central Securities Depository (FCSD) database that records practically all trades by Finnish investors. This database enables us to classify a large number of heterogeneous investors using both economic and institutional characteristics. The first essay classifies investors by trading activity. It analyzes trading styles of active and passive inv...

  8. Trade in uranium: Tools available to address import disruption

    International Nuclear Information System (INIS)

    Bartley, W.C.

    1991-01-01

    The presentation covers five topics with respect to the international uranium market: (1) the role of the US Trade Representative (USTR) and the formulation of US trade policy; (2) US trade policy today; (3) the remedies available where imports or other countries' trading practices are damaging or may be threatening to damage US production or commerce; (4) trade policy with Eastern Europe and the Soviet Union; and (5) some remarks on trade in uranium and emerging issues

  9. Rules of origin and development of regional production network in ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Simpler Rules of Origin (RoO) with product specific rules can act as a catalyst in trade even if tariff rates are not low. Sector specific restrictiveness across trade agreements are assessed, in view of potential growth of International production networks (IPN). RoO is shown to play a significant role in promoting IPN.

  10. 78 FR 23280 - Agency Information Collection Activities: United States-Caribbean Basin Trade Partnership Act...

    Science.gov (United States)

    2013-04-18

    ..., Attn: Tracey Denning, Regulations and Rulings, Office of International Trade, 90 K Street NE., 10th... and Rulings, Office of International Trade, 90 K Street NE., 10th Floor, Washington, DC 20229-1177, at... trade benefits to countries in the Caribbean Basin. For preferential duty treatment under CBTPA...

  11. The Application of Simulated Experimental Teaching in International Trade Course

    Science.gov (United States)

    Ma, Tao; Chen, Wen

    2009-01-01

    International Trade Practice is a professional basic course for specialty of International Economy and Trade. As the core of International Trade Practice, it is extremely related to foreign affairs and needs much practical experience. This paper puts forward some suggestions on how to improve the performance of teaching in order to educate the…

  12. Maths for the building trades

    CERN Document Server

    Kidd, Jim

    2014-01-01

    Maths for the Building Trades provides students of all ages with an easy-to-understand guide to the fundamental mathematics that is required in their area of study and beyond. It can be used as a learning programme on its own or in conjunction with the textbooks associated with their chosen trade. The book assumes only a minimum level of mathematical knowledge and thoroughly covers the basic rules. It then goes on to fully explain some of the more complex areas in which the student will be required to demonstrate competence.

  13. PRACTICAL ASPECTS OF QUALITY DATA PROCESSING AND A RULE –BASED EXPERT SYSTEM FOR QUALITY OF LIFE EVALUATION

    Directory of Open Access Journals (Sweden)

    Irena L. ATANASOVA

    2014-12-01

    Full Text Available One of the most important challenges the European Union was facing at the beginning of the 21st century was to balance economic development with the improvement of quality of its citizens life. A new approach for assessing the quality of life using the ten-degree global scale is revealed in this article. The aptness of this approach to exploring the social area and determining the quality of life of people in different countries and regions are also discussed. There are being examined some practical aspects of setting up an expert system for social area.The article describes the implementation of such a system for evaluating the quality of life – QLIFEX. The expert system is an innovative research project based entirely on qualitative methods, which aims at helping in understanding of how in an era of great changes residents from different countries live and work in diverse economic organizations, and how they would rate their work and life.

  14. 77 FR 37804 - Rules for Investigations Relating to Global and Bilateral Safeguard Actions, Market Disruption...

    Science.gov (United States)

    2012-06-25

    ... Bilateral Safeguard Actions, Market Disruption, Trade Diversion, and Review of Relief Actions AGENCY: United... disruption, trade diversion, and review of relief actions (part 206 of its Rules). The final rule principally...--INVESTIGATIONS RELATING TO GLOBAL AND BILATERAL SAFEGUARG ACTIONS, MARKET DISRUPTION, TRADE DIVERSION, AND REVIEW...

  15. RIGHTS, RULES, AND DEMOCRACY

    Directory of Open Access Journals (Sweden)

    Richard S. Kay, University of Connecticut-School of Law, Estados Unidos

    2012-11-01

    Full Text Available Abstract: Democracy require protection of certain fundamental rights, but can we expect courts to follow rules? There seems little escape from the proposition that substantive constitutional review by an unelected judiciary is a presumptive abridgement of democratic decision-making. Once we have accepted the proposition that there exist human rights that ought to be protected, this should hardly surprise us. No one thinks courts are perfect translators of the rules invoked before them on every occasion. But it is equally clear that rules sometimes do decide cases. In modern legal systems the relative roles of courts and legislators with respect to the rules of the system is a commonplace. Legislatures make rules. Courts apply them in particular disputes. When we are talking about human rights, however, that assumption must be clarified in at least one way. The defense of the practice of constitutional review in this article assumes courts can and do enforce rules. This article also makes clear what is the meaning of “following rules”. Preference for judicial over legislative interpretation of rights, therefore, seems to hang on the question of whether or not judges are capable of subordinating their own judgment to that incorporated in the rules by their makers. This article maintains that, in general, entrenched constitutional rules (and not just constitutional courts can and do constrain public conduct and protect human rights. The article concludes that the value judgments will depend on our estimate of the benefits we derive from the process of representative self-government. Against those benefits we will have to measure the importance we place on being able to live our lives with the security created by a regime of human rights protected by the rule of law. Keywords: Democracy. Human Rights. Rules. Judicial Review.

  16. Policy and Practice: The Role of Trade Unions in Reducing Migrant Workers’ Vulnerability to Forced Labour and Human Trafficking in the Greater Mekong Subregion

    OpenAIRE

    Eliza Marks; Anna Olsen

    2015-01-01

    This paper provides an analysis of what trade unions can offer to reduce the vulnerability of migrant workers to forced labour and human trafficking in the Greater Mekong Subregion (GMS) and Malaysia as a key destination for GMS migrant workers. The exploration of the potential for the engagement of trade union partners is a timely contribution to the forced labour and anti-trafficking debate, given the shift towards a more holistic labour rights approach, and the ensuing search for more acto...

  17. 78 FR 19566 - Request for Comments Concerning Proposed Transatlantic Trade and Investment Agreement

    Science.gov (United States)

    2013-04-01

    .... International Trade Commission (ITC) regarding the probable economic effect on U.S. industries and consumers of... disciplines addressing emerging challenges in international trade that should be pursued in the negotiations and that would benefit U.S.-EU trade as well as strengthen the multilateral rules-based trading system...

  18. Organ trade using social networks

    OpenAIRE

    Waleed Alrogy; Dunia Jawdat; Muhannad Alsemari; Abdulrahman Alharbi; Abdullah Alasaad; Ali H Hajeer

    2016-01-01

    Organ transplantation is recognized worldwide as an effective treatment for organ failure. However, due to the increase in the number of patients requiring a transplant, a shortage of suitable organs for transplantation has become a global problem. Human organ trade is an illegal practice of buying or selling organs and is universally sentenced. The aim of this study was to search social network for organ trade and offerings in Saudi Arabia. The study was conducted from June 22, 2015 to Febru...

  19. THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

    Directory of Open Access Journals (Sweden)

    M. Ya’kub Aiyub Kadir

    2014-06-01

    Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system. Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

  20. THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

    Directory of Open Access Journals (Sweden)

    M. Ya’kub Aiyub Kadir

    2014-06-01

    Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system.   Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

  1. Trade Fairs, Markets and Fields

    DEFF Research Database (Denmark)

    Moeran, Brian

    2011-01-01

    This working paper takes as its starting point the work of the German economic sociologist, Jens Beckert, and his call for empirical investigations into how intentionally rational actors reach decisions under conditions when they do not know what is best to do. It describes how trade fairs act...... as a framing mechanism that enables participants to come together for the exchange of goods and services and to perceive themselves as acting in a social field. Fairs frame the contacts people make and sustain as networks; the institutional rules and social norms guiding their behaviour there; and the values...... and cognitive frames that they bring to bear and negotiate with other participants. They make actors aware of a ‘mutual correspondence’ in their interpretation of the goods in which they deal and of the social situations in which engage for the sake of such trade. Trade fairs both configure fields and make...

  2. 78 FR 21045 - Confirmation, Portfolio Reconciliation, Portfolio Compression, and Swap Trading Relationship...

    Science.gov (United States)

    2013-04-09

    ... COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 23 RIN 3038-AC96 Confirmation, Portfolio Reconciliation, Portfolio Compression, and Swap Trading Relationship Documentation Requirements for Swap Dealers... CFTC published final rules setting forth requirements for swap confirmation, portfolio reconciliation...

  3. World Trade Organization: U.S. Experience in Dispute Settlement System: The First Five Years

    National Research Council Canada - National Science Library

    2000-01-01

    ... of multilateral trade rules. In addition, the Uruguay Round agreements established a new dispute settlement system, replacing that under the General Agreement on Tariffs and Trade, the predecessor to the WTO...

  4. To Trade or Not to Trade: Firm-Level Analysis of Emissions Trading in Santiago, Chile

    International Nuclear Information System (INIS)

    Coria, Jessica; Loefgren, Aasa; Sterner, Thomas

    2009-01-01

    Whether tradable permits are appropriate for use in transition and developing economies - given special social and cultural circumstances, such as the lack of institutions and lack of expertise with market-based policies - is much debated. We conducted interviews and surveyed a sample of firms subject to emissions trading programs in Santiago, Chile, one of the first cities outside the OECD that has implemented such trading. The information gathered allow us to study what factors affect the performance of the trading programs in practice and the challenges and advantages of applying tradable permits in less developed countries

  5. Ukraine's Membership in the World Trade Organization

    Directory of Open Access Journals (Sweden)

    Sergio Marchi

    2004-02-01

    Full Text Available The WTO is a multilateral organization that seeks to ensure that international trade relations are governed by the rule of law and not by the rule of power. It comprises a network of contractual rules and commitments capable of being monitored and enforced multilaterally. Ukraine’s accession to the WTO has been marked by notable achievements in the areas of legislation and bilateral agreements with member-states regarding market access. Outstanding issues in Ukraine’s accession include agriculture, industry policy, trade-related investment measures (TRIMs, technical barriers to trade (TBT, sanitary and phyto-sanitary (SPS measures, and intellectual property rights. While completion of the process relies on Ukraine’s efforts alone, progress is being made and is expected to reach a successful conclusion.

  6. Federal Trade Commission's authority to regulate marketing to children: deceptive vs. unfair rulemaking.

    Science.gov (United States)

    Pomeranz, Jennifer L

    2011-01-01

    Food and beverage marketing directed at children is of increasing concern to the public health and legal communities. The new administration at the Federal Trade Commission and abundant science on the topic make it a particularly opportune time for the government to reconsider regulating marketing directed at youth. This Article analyzes the Commission's authority to regulate food and beverage marketing directed at children under its jurisdiction over unfair and deceptive acts and practices to determine which avenue is most viable. The author finds that the Federal Trade Commission has the authority to regulate deceptive marketing practices directed at vulnerable populations. Although the Commission can issue individual orders, its remedial power to initiate rules would better address the pervasiveness of modern marketing practices. The Commission does not currently have the power to regulate unfair marketing to children; however, even if Congress reinstated this authority, the Commission's authority over deceptive marketing may be preferable to regulate these practices. Deceptive communications are not protected by the First Amendment and the deceptive standard matches the science associated with marketing to children. The Federal Trade Commission has the authority to initiate rulemaking in the realm of food and beverage marketing to children as deceptive communications in interstate commerce, in violation of the Federal Trade Commission Act. However, to effectuate this process, Congress would need to grant the Commission the authority to do so under the Administrative Procedures Act.

  7. Benefits of trade facilitation as a simpler procedure for world trade growth

    OpenAIRE

    Miteva-Kacarski, Emilija; Gorgieva-Trajkovska, Olivera

    2011-01-01

    “The simplification and harmonisation of international trade procedures” where trade procedures are the “activities, practices and formalities involved in collecting, presenting, communicating and processing data required for the movement of goods in international trade” is trade facilitation according the WTO. Trade facilitation initiatives benefit both the business community and governments. The business community benefits by obtaining enhanced competitiveness in national and international ...

  8. Trading stages

    DEFF Research Database (Denmark)

    Steiner, Uli; Tuljapurkar, Shripad; Coulson, Tim

    2012-01-01

    Interest in stage-and age structured models has recently increased because they can describe quantitative traits such as size that are left out of age-only demography. Available methods for the analysis of effects of vital rates on lifespan in stage-structured models have not been widely applied ...... examples. Much of our approach relies on trading of time and mortality risk in one stage for time and risk in others. Our approach contributes to the new framework of the study of age- and stage-structured biodemography....

  9. 78 FR 76986 - Children's Online Privacy Protection Rule

    Science.gov (United States)

    2013-12-20

    ... FEDERAL TRADE COMMISSION 16 CFR Part 312 RIN 3084-AB20 Children's Online Privacy Protection Rule... published final rule amendments to the Children's Online Privacy Protection Rule on January 17, 2013 to update the requirements set forth in the notice, parental consent, confidentiality and security, and safe...

  10. 78 FR 3971 - Children's Online Privacy Protection Rule

    Science.gov (United States)

    2013-01-17

    ... functionality or content of their properties or gain greater publicity through social media in an effort to... Children's Online Privacy Protection Rule; Final Rule #0;#0;Federal Register / Vol. 78 , No. 12 / Thursday... 3084-AB20 Children's Online Privacy Protection Rule AGENCY: Federal Trade Commission (``FTC'' or...

  11. Anonymous electronic trading versus floor trading

    OpenAIRE

    Franke, Günter; Hess, Dieter

    1995-01-01

    This paper compares the attractiveness of floor trading and anonymous electronic trading systems. It is argued that in times of low information intensity the insight into the order book of the electronic trading system provides more valuable information than floor trading, but in times of high information intensity the reverse is true. Thus, the electronic system's market share in trading activity should decline in times of high information intensity. This hypothesis is tested by data on BUND...

  12. Trading volume and the number of trades

    OpenAIRE

    Marwan Izzeldin

    2007-01-01

    Trading volume and the number of trades are both used as proxies for market activity, with disagreement as to which is the better proxy for market activity. This paper investigates this issue using high frequency data for Cisco and Intel in 1997. A number of econometric methods are used, including GARCH augmented with lagged trading volume and number of trades, tests based on moment restrictions, regression analysis of volatility on volume and trades, normality of returns when standardized by...

  13. 78 FR 42809 - Self-Regulatory Organizations; Fixed Income Clearing Corporation; Order Approving Proposed Rule...

    Science.gov (United States)

    2013-07-17

    ... proposed rule change was published for comment in the Federal Register on June 4, 2013.\\3\\ The Commission... omitted). \\21\\ As with bilateral trades, counterparties to a locked-in trade may submit a ``DK Notice..., unlike with bilateral trades, the GSD considers a DK Notice in the context of a locked-in trade to be ``a...

  14. Policy and Practice: The Role of Trade Unions in Reducing Migrant Workers’ Vulnerability to Forced Labour and Human Trafficking in the Greater Mekong Subregion

    Directory of Open Access Journals (Sweden)

    Eliza Marks

    2015-09-01

    Full Text Available This paper provides an analysis of what trade unions can offer to reduce the vulnerability of migrant workers to forced labour and human trafficking in the Greater Mekong Subregion (GMS and Malaysia as a key destination for GMS migrant workers. The exploration of the potential for the engagement of trade union partners is a timely contribution to the forced labour and anti-trafficking debate, given the shift towards a more holistic labour rights approach, and the ensuing search for more actors and partnerships to combat these crimes, which led to adoption of the Protocol of 2014 to the Forced Labour Convention, 1930, (Forced Labour Protocol in June 2014. Examples from Malaysia and Thailand highlight the role that trade unions can play in policy development and service provision, and also some of the challenges associated with unionisation of a vulnerable, temporary, and often repressed, migrant workforce.

  15. International red meat trade.

    Science.gov (United States)

    Brester, Gary W; Marsh, John M; Plain, Ronald L

    2003-07-01

    trade restriction, which could ultimately impact future US red meat exports. Conversely, some countries may view such labeling requirements as an opportunity to brand high-quality products. The US lamb meat industry has experienced declining real prices, domestic production, and demand. The cessation of wool incentive payments, increased environmental regulations, and competition by imports have significantly affected the industry. Import suppliers have capitalized on product quality in this niche market. Trade restrictions initially imposed in 1999 by the US Government were ruled illegal by the WTO. The US Government responded by providing financial assistance to lamb producers. Product quality improvements and promotion aimed at the domestic market, however, will be critical factors in shaping the economic viability of the US lamb meat industry.

  16. Starbucks's Fair Trade in the Edge of Globalization

    OpenAIRE

    Rizqiyanto, Saomi

    2017-01-01

    Starbucks as a global company that reflect American values plays an important role in the trade of coffee industry. In February 2000, Starbucks partially adopted the Fair Trade and in early 2001 Starbucks fully adopt Fair Trade. This research seeks to examine the relationship between Starbucks as a symbol of globalization with Starbucks as a global corporation who adopt Fair Trade. This study also seeks to explain how any practical Starbucks Fair Trade as a whole and uncover the reasons behin...

  17. Aspects related to 'emission trading'

    International Nuclear Information System (INIS)

    Tutuianu, Ovidiu

    1999-01-01

    The paper presents the aspects of international GHG (greenhouse gases) emission trading, such as: quality of GHG emission data, possible partners, monitoring activity, market mechanisms and difficulties. The following conclusions are drown: - debates on international trade with GHG emissions are currently in a very early stage; - actions are possible and feasible, particularly after Kyoto Conference, as versatile mechanism (besides the Joint Implementation Projects) which have in view the lowering of the global emission costs in different zones of the planet; - difficulties concerning monitoring, reporting and verification, practically preclude implementing a system of emission trading covering all the GHG, all the sources and reservoirs; - an international viable system of emission trading could initiate with a limited number of participants and consideration of only emission categories easy to be confined and surveyed; - existence of a national market and corresponding institutions for monitoring which could booster an international system development

  18. Fuel trading

    International Nuclear Information System (INIS)

    2015-01-01

    A first part of this report proposes an overview of trends and predictions. After a synthesis on the sector changes and trends, it indicates and comments the most recent predictions for the consumption of refined oil products and for the turnover of the fuel wholesale market, reports the main highlights concerning the sector's life, and gives a dashboard of the sector activity. The second part proposes the annual report on trends and competition. It presents the main operator profiles and fuel categories, the main determining factors of the activity, the evolution of the sector context between 2005 and 2015 (consumptions, prices, temperature evolution). It analyses the evolution of the sector activity and indicators (sales, turnovers, prices, imports). Financial performances of enterprises are presented. The economic structure of the sector is described (evolution of the economic fabric, structural characteristics, French foreign trade). Actors are then presented and ranked in terms of turnover, of added value, and of result

  19. Trade treaties and alcohol advertising policy.

    Science.gov (United States)

    Gould, Ellen

    2005-09-01

    Restrictions on alcohol advertising are vulnerable to challenge under international trade agreements. As countries negotiate new trade treaties and expand the scope of existing ones, the risk of such a challenge increases. While alcohol advertising restrictions normally do not distinguish between foreign and domestic products, this neutral character does not protect them from being challenged under trade rules. The article analyzes four provisions of trade agreements--expropriation, de facto discrimination, market access, and necessity--in relation to the jeopardy they pose for alcohol advertising restrictions. Key cases are reviewed to illustrate how these provisions have been used to either overturn existing advertising restrictions or prevent new ones from coming into force. The article also reports on the mixed results governments have had in trying to justify their regulations to trade panels and the stringent criteria imposed for proving that a regulation is "necessary."

  20. Rules of Origin: Conceptual Explorations and Lessons from the Generalized System of Preferences

    OpenAIRE

    Ujiie, Teruo

    2006-01-01

    Customs valuation, commodity classification system, and rules of origin are the three basic customs laws. Rules to determine a country of origin, or "nationality" of a country of production of goods, are called "rules of origin." They are widely used in international trade in the application of different tariffs, trade remedy measures, tariff quotas, and trade statistics. With the globalization of economic activities resulting in outsourcing of materials as well as the global proliferation of...

  1. National Framework for GHG Emission Trading in Russia

    International Nuclear Information System (INIS)

    Kotov, V.; Nikitina, E.

    2003-01-01

    If Russia ratifies the Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC), domestic implementation of its international commitments under this international regime will require special national responses, i.e. institutional capacity building for application of its mechanisms. The Kyoto Protocol and its mechanisms, particularly, international emission trading (IET) and joint implementation (JI), mark a turning point, with opportunities for Russia to benefit from an economic and environmental standpoint from international cooperation. Russia might wish to sell to other parties a surplus in its assigned amount for the first commitment period in 2008-2012, as according to existing estimates its GHG emissions are expected to be below their 1990 base level. In order to participate in international emission trading, Russia has to meet several international requirements, including providing national inventory and reporting and establishing national registry compatible with the standard international format. It is to establish a domestic institutional regime defining laws and rules of behaviour for its participants, the administrative frameworks, and designing major schemes for domestic emission trading programme. Russia's emission trading system is not formed yet. This is a challenging innovation for Russia, as in its previous environmental management practices it did not have any experience in domestic emission trading with other air pollutants. The paper examines the key elements suggested in a number of existing proposals, assessments, and approaches of the government, parliamentarians and non-governmental experts for its institutional design which is at the core of ongoing climate policy debates in the country. These approaches and practical suggestions define the current state-of-the-art in domestic emission trading regime formation and channel the paths of its institutional development in the future. This paper analyses peculiarities

  2. Current subsidies in the agricultural sector of the global trade system

    Directory of Open Access Journals (Sweden)

    Ganna Voronina

    2006-03-01

    Full Text Available This article focuses on the provisions of the WTO agreements regulating the use of subsidies in the agricultural sector by the member-states. It analyzes current practices of the WTO member-states’ in subsidizing their agricultural production. It also outlines the main trends in improving the practices of subsidizing agricultural producers in the leading countries of the world. The article also describes the major coalitions within the WTO that actively participate in the development and improvement of international trade rules in agricultural produce. In the current context whereby Ukraine seeks WTO accession, the structure of domestic measures in support of agriculture pursuant to the requirements of this international organization is given special attention. The article also considers the prospects for further liberalization of international trade in agricultural produce.

  3. Marketingová komunikace fair trade

    OpenAIRE

    Nídlová, Michaela

    2013-01-01

    This thesis focuses on how fair trade and its brand are communicated on the market. The theoretical part describes the basic concepts of marketing, marketing communication and marketing research. The practical part describes the general meaning of fair trade and its main principles and goals. The following section is devoted to the analysis of recent marketing activities. The main research investigates the level of knowledge of fair trade among Czech consumers. The conclusion summarizes the r...

  4. National protectionism and common trade policy

    OpenAIRE

    Koopmann, Georg

    1984-01-01

    The EC recently created a new instrument of trade policy to deter illicit trade practices. A major part of its purpose is to strengthen the Community’s authority in the area of trade policy and counter the spread of international protectionism within the Community. The following article demonstrates, among other things, that protectionism in the Community cannot offer a workable alternative to this course.

  5. Trading health for money

    DEFF Research Database (Denmark)

    Ajslev, Jeppe Zielinski Nguyen; Møller, Jeppe Lykke; Persson, Roger

    2017-01-01

    Construction work is physically demanding and often associated with bodily pain. This article presents a study of construction workers’ practices of using and relating to their bodies at work through an agential realist framework for analysing the (re)configuration of the workers’ embodied...... subjectivity. The analysis draws on interviews with 32 Danish construction workers as well as brief observations. The article shows how ‘trading health for money’ becomes a mode for maintaining positive social, occupational and masculine identity among construction workers. Furthermore, it shows how the agency...

  6. 16 CFR 1025.41 - General rules.

    Science.gov (United States)

    2010-01-01

    ... 16 Commercial Practices 2 2010-01-01 2010-01-01 false General rules. 1025.41 Section 1025.41 Commercial Practices CONSUMER PRODUCT SAFETY COMMISSION GENERAL RULES OF PRACTICE FOR ADJUDICATIVE... to the convenience of the parties, shall continue without suspension until concluded, except in...

  7. Pharmaceutical Industry Off-label Promotion and Self-regulation: A Document Analysis of Off-label Promotion Rulings by the United Kingdom Prescription Medicines Code of Practice Authority 2003-2012.

    Directory of Open Access Journals (Sweden)

    Andreas Vilhelmsson

    2016-01-01

    Full Text Available European Union law prohibits companies from marketing drugs off-label. In the United Kingdom--as in some other European countries, but unlike the United States--industry self-regulatory bodies are tasked with supervising compliance with marketing rules. The objectives of this study were to (1 characterize off-label promotion rulings in the UK compared to the whistleblower-initiated cases in the US and (2 shed light on the UK self-regulatory mechanism for detecting, deterring, and sanctioning off-label promotion.We conducted structured reviews of rulings by the UK self-regulatory authority, the Prescription Medicines Code of Practice Authority (PMCPA, between 2003 and 2012. There were 74 off-label promotion rulings involving 43 companies and 65 drugs. Nineteen companies were ruled in breach more than once, and ten companies were ruled in breach three or more times over the 10-y period. Drawing on a typology previously developed to analyse US whistleblower complaints, we coded and analysed the apparent strategic goals of each off-label marketing scheme and the practices consistent with those alleged goals. 50% of rulings cited efforts to expand drug use to unapproved indications, and 39% and 38% cited efforts to expand beyond approved disease entities and dosing strategies, respectively. The most frequently described promotional tactic was attempts to influence prescribers (n = 72, 97%, using print material (70/72, 97%, for example, advertisements (21/70, 30%. Although rulings cited prescribers as the prime target of off-label promotion, competing companies lodged the majority of complaints (prescriber: n = 16, 22%, versus companies: n = 42, 57%. Unlike US whistleblower complaints, few UK rulings described practices targeting consumers (n = 3, 4%, payers (n = 2, 3%, or company staff (n = 2, 3%. Eight UK rulings (11% pertaining to six drugs described promotion of the same drug for the same off-label use as was alleged by whistleblowers in the US

  8. Pharmaceutical Industry Off-label Promotion and Self-regulation: A Document Analysis of Off-label Promotion Rulings by the United Kingdom Prescription Medicines Code of Practice Authority 2003-2012.

    Science.gov (United States)

    Vilhelmsson, Andreas; Davis, Courtney; Mulinari, Shai

    2016-01-01

    European Union law prohibits companies from marketing drugs off-label. In the United Kingdom--as in some other European countries, but unlike the United States--industry self-regulatory bodies are tasked with supervising compliance with marketing rules. The objectives of this study were to (1) characterize off-label promotion rulings in the UK compared to the whistleblower-initiated cases in the US and (2) shed light on the UK self-regulatory mechanism for detecting, deterring, and sanctioning off-label promotion. We conducted structured reviews of rulings by the UK self-regulatory authority, the Prescription Medicines Code of Practice Authority (PMCPA), between 2003 and 2012. There were 74 off-label promotion rulings involving 43 companies and 65 drugs. Nineteen companies were ruled in breach more than once, and ten companies were ruled in breach three or more times over the 10-y period. Drawing on a typology previously developed to analyse US whistleblower complaints, we coded and analysed the apparent strategic goals of each off-label marketing scheme and the practices consistent with those alleged goals. 50% of rulings cited efforts to expand drug use to unapproved indications, and 39% and 38% cited efforts to expand beyond approved disease entities and dosing strategies, respectively. The most frequently described promotional tactic was attempts to influence prescribers (n = 72, 97%), using print material (70/72, 97%), for example, advertisements (21/70, 30%). Although rulings cited prescribers as the prime target of off-label promotion, competing companies lodged the majority of complaints (prescriber: n = 16, 22%, versus companies: n = 42, 57%). Unlike US whistleblower complaints, few UK rulings described practices targeting consumers (n = 3, 4%), payers (n = 2, 3%), or company staff (n = 2, 3%). Eight UK rulings (11%) pertaining to six drugs described promotion of the same drug for the same off-label use as was alleged by whistleblowers in the US. However

  9. Pharmaceutical Industry Off-label Promotion and Self-regulation: A Document Analysis of Off-label Promotion Rulings by the United Kingdom Prescription Medicines Code of Practice Authority 2003–2012

    Science.gov (United States)

    Vilhelmsson, Andreas; Davis, Courtney; Mulinari, Shai

    2016-01-01

    Background European Union law prohibits companies from marketing drugs off-label. In the United Kingdom—as in some other European countries, but unlike the United States—industry self-regulatory bodies are tasked with supervising compliance with marketing rules. The objectives of this study were to (1) characterize off-label promotion rulings in the UK compared to the whistleblower-initiated cases in the US and (2) shed light on the UK self-regulatory mechanism for detecting, deterring, and sanctioning off-label promotion. Methods and Findings We conducted structured reviews of rulings by the UK self-regulatory authority, the Prescription Medicines Code of Practice Authority (PMCPA), between 2003 and 2012. There were 74 off-label promotion rulings involving 43 companies and 65 drugs. Nineteen companies were ruled in breach more than once, and ten companies were ruled in breach three or more times over the 10-y period. Drawing on a typology previously developed to analyse US whistleblower complaints, we coded and analysed the apparent strategic goals of each off-label marketing scheme and the practices consistent with those alleged goals. 50% of rulings cited efforts to expand drug use to unapproved indications, and 39% and 38% cited efforts to expand beyond approved disease entities and dosing strategies, respectively. The most frequently described promotional tactic was attempts to influence prescribers (n = 72, 97%), using print material (70/72, 97%), for example, advertisements (21/70, 30%). Although rulings cited prescribers as the prime target of off-label promotion, competing companies lodged the majority of complaints (prescriber: n = 16, 22%, versus companies: n = 42, 57%). Unlike US whistleblower complaints, few UK rulings described practices targeting consumers (n = 3, 4%), payers (n = 2, 3%), or company staff (n = 2, 3%). Eight UK rulings (11%) pertaining to six drugs described promotion of the same drug for the same off-label use as was alleged by

  10. Rationalities in trade union work

    DEFF Research Database (Denmark)

    Buch, Anders; Andersen, Vibeke

    2011-01-01

    The ambition of this paper is to analyze the discursive practices of three Danish trade unions for professional and managerial staff (The Danish Society of Engineers, The Association of Lawyers and Economists, and The Danish Association of Masters and PhD’s) as found in their strategy and positio...

  11. Life fraction rules

    International Nuclear Information System (INIS)

    Maile, K.

    1989-01-01

    Evaluations for lifetime estimation of high temperature loaded HTR-components under creep fatigue load had been performed. The evaluations were carried out on the basis of experimental data of strain controlled fatigue tests with respectively without hold times performed on material NiCr 22 Co 12 Mo (Inconel 617). Life prediction was made by means of the linear damage accumulation rule. Due to the high temperatures no realistic estimates of creep damage can be obtained with this rule. Therefore the rule was modified. The modifications consist in a different analysis of the relaxation curve including different calculation of the creep damage estimate resp. in an extended rule, taking into consideration the interaction between creep and fatigue. In order to reach a better result transparency and to reduce data set dependent result scattering a round robin with a given data set was carried out. The round robin yielded that for a given test temperature of T = 950deg C realistic estimate of damage can be obtained with each modification. Furthermore a reduction of resulting scatterbands in the interaction diagram can be observed, i.e. the practicability of the rule has been increased. (orig.)

  12. 29 CFR 18.1 - Scope of rules.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 1 2010-07-01 2010-07-01 true Scope of rules. 18.1 Section 18.1 Labor Office of the Secretary of Labor RULES OF PRACTICE AND PROCEDURE FOR ADMINISTRATIVE HEARINGS BEFORE THE OFFICE OF ADMINISTRATIVE LAW JUDGES General § 18.1 Scope of rules. (a) General application. These rules of practice are...

  13. Kyoto Protocol: trade versus the environment

    International Nuclear Information System (INIS)

    Loose, H.

    2001-01-01

    Could the signatories to the Kyoto Protocol find themselves up against the WTO? This paper examines how the climate change agreement could conflict with trade rules, and shows that there are potentially serious conflicts in the interface between the WTO and the Kyoto Protocol. It argues for dialogue and debate before it is too late. (author)

  14. Entropy of international trades

    Science.gov (United States)

    Oh, Chang-Young; Lee, D.-S.

    2017-05-01

    The organization of international trades is highly complex under the collective efforts towards economic profits of participating countries given inhomogeneous resources for production. Considering the trade flux as the probability of exporting a product from a country to another, we evaluate the entropy of the world trades in the period 1950-2000. The trade entropy has increased with time, and we show that it is mainly due to the extension of trade partnership. For a given number of trade partners, the mean trade entropy is about 60% of the maximum possible entropy, independent of time, which can be regarded as a characteristic of the trade fluxes' heterogeneity and is shown to be derived from the scaling and functional behaviors of the universal trade-flux distribution. The correlation and time evolution of the individual countries' gross-domestic products and the number of trade partners show that most countries achieved their economic growth partly by extending their trade relationship.

  15. Revision of Import and Export Requirements for Controlled Substances, Listed Chemicals, and Tableting and Encapsulating Machines, Including Changes To Implement the International Trade Data System (ITDS); Revision of Reporting Requirements for Domestic Transactions in Listed Chemicals and Tableting and Encapsulating Machines; and Technical Amendments. Final rule.

    Science.gov (United States)

    2016-12-30

    The Drug Enforcement Administration is updating its regulations for the import and export of tableting and encapsulating machines, controlled substances, and listed chemicals, and its regulations relating to reports required for domestic transactions in listed chemicals, gamma-hydroxybutyric acid, and tableting and encapsulating machines. In accordance with Executive Order 13563, the Drug Enforcement Administration has reviewed its import and export regulations and reporting requirements for domestic transactions in listed chemicals (and gamma-hydroxybutyric acid) and tableting and encapsulating machines, and evaluated them for clarity, consistency, continued accuracy, and effectiveness. The amendments clarify certain policies and reflect current procedures and technological advancements. The amendments also allow for the implementation, as applicable to tableting and encapsulating machines, controlled substances, and listed chemicals, of the President's Executive Order 13659 on streamlining the export/import process and requiring the government-wide utilization of the International Trade Data System (ITDS). This rule additionally contains amendments that implement recent changes to the Controlled Substances Import and Export Act (CSIEA) for reexportation of controlled substances among members of the European Economic Area made by the Improving Regulatory Transparency for New Medical Therapies Act. The rule also includes additional substantive and technical and stylistic amendments.

  16. The External Trade of Romania: Evolution Trends

    Directory of Open Access Journals (Sweden)

    Botescu Ion

    2017-01-01

    On top of these, a series of negative impact events such as wars or crises have overlapped. Despite all the investment efforts made, the impact of Romania’s economic development on foreign trade was limited during the socialist era. As regards the volume of foreign trade, the trade balance, the structure of exports and imports, the value of exports per capita, Romania’s evolution was generally modest. Practically, with some exceptions, Romania’s involvement in international trade was below the economic potential of our country throughout the analyzed period.

  17. 17 CFR 240.10b5-2 - Duties of trust or confidence in misappropriation insider trading cases.

    Science.gov (United States)

    2010-04-01

    ... in misappropriation insider trading cases. 240.10b5-2 Section 240.10b5-2 Commodity and Securities... Devices and Contrivances § 240.10b5-2 Duties of trust or confidence in misappropriation insider trading... of insider trading under Section 10(b) of the Act and Rule 10b-5. The law of insider trading is...

  18. Implementing XML Schema Naming and Design Rules

    Energy Technology Data Exchange (ETDEWEB)

    Lubell, Joshua [National Institute of Standards and Technology (NIST); Kulvatunyou, Boonserm [ORNL; Morris, Katherine [National Institute of Standards and Technology (NIST); Harvey, Betty [Electronic Commerce Connection, Inc.

    2006-08-01

    We are building a methodology and tool kit for encoding XML schema Naming and Design Rules (NDRs) in a computer-interpretable fashion, enabling automated rule enforcement and improving schema quality. Through our experience implementing rules from various NDR specifications, we discuss some issues and offer practical guidance to organizations grappling with NDR development.

  19. Rules in School. Strategies for Teachers Series.

    Science.gov (United States)

    Brady, Kathryn; Forton, Mary Beth; Porter, Deborah; Wood, Chip

    This book offers an approach for helping K-8 students become invested in creating and living by classroom rules. It provides techniques for: helping students articulate their hopes and dreams for school; involving students in generating classroom rules that grow out of their hopes and dreams; modeling, practicing, and role playing the rules; using…

  20. The World Trade Organization and organic food trade

    DEFF Research Database (Denmark)

    Daugbjerg, Carsten

    2012-01-01

    disagreement on whether the WTO's Agreement on Technical Barriers to Trade (addresses food labelling) covers production standards based on ethical values such as those defining organic food standards. Another problem is that two sets of international standards for organic food exist—the Codex Alimentarius...... guidelines and the standards of the International Federation of Organic Agriculture Movements. Finally, many certification bodies are private organisations certifying on the basis of government standards. This blurs the distinction between private and public and questions whether WTO rules apply...

  1. Criticality guide. I - Introduction to criticality. II - Practical rules. III - Curves; Guide de criticite. I - Introduction a la criticite. II - Regles pratiques. III - Courbes

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1967-07-01

    Somme elements of neutronics are presented in a simple and often intuitive way; the 'K infinite' and 'K effective' formulae are derived and discussed. The limiting solid angle method is explained and some simple formulae proposed for evaluating the interaction between 'fissile units'. The general principles used in studying the safety of nuclear installations using fissile matter are given. Practical rules, critical mass and critical geometry curves as well as all the numerical values required for normal criticality calculations are given for plutonium and uranium at various degrees of enrichment. This guide is not intended to produce experts in criticality and cannot replace the advice which can be given by specialists of a science which is still expanding rapidly. It should however simplify the task of these specialists by familiarising with these problems both the engineers and scientists in charge of the design of installations using fissile matter, and the persons in charge of their operation. (author) [French] Des elements de neutronique sont exposes d'une fapon simple et souvent intuitive les formules du 'K infini' et du 'K effectif' sont etablies et commentees. La 'methode de l'angle solide limite' est expliquee et des formules simples proposees pour evaluer l'interaction entre des 'unites fissiles'. Les principes generaux utilises dans les etudes de surete nucleaire d'installation, mettant en ceuvre des matieres fissiles, sont donnes. Des regles pratiques, des courbes de masse et geometrie critiques ainsi que toutes les valeurs numeriques necessaires aux calculs usuels de criticite sont fournies pour du plutonium et de l'uranium a divers enrichissements. Ce guide n'a pas la pretention de former des experts en criticite et ne doit pas dispenser de s'entourer de l'avis de specialistes dans une science encore en pleine evolution. II doit simplement faciliter la tache de ceux-ci, en familiarisant avec ces problemes les ingenieurs charges de la conception des

  2. 75 FR 20401 - Self-Regulatory Organizations; NYSE Amex LLC; Notice of Filing of Proposed Rule Change, and...

    Science.gov (United States)

    2010-04-19

    .... Proposed NYSE Amex Equities Rule 510 (Derivative Securities Products) The Exchange also proposes some... derivative securities products,'' as defined in Rule 19b-4(e) under the Act and traded pursuant to Rule 19b-4.../or approved by the Commission for the generic trading of derivative securities products based on...

  3. Fisheries issues: trade and access to resources

    National Research Council Canada - National Science Library

    1989-01-01

    .... A sequel to the 1985 overview report on Problems of Trade in Fishery Products, this volume provides a country by country survey of measures, policies and practices affecting imports and exports of fishery products...

  4. International Trade and Protectionism.

    Science.gov (United States)

    Stanford Univ., CA. Stanford Program on International and Cross Cultural Education.

    This unit is designed to investigate the reasons for international trade and the issue of trade protectionism by focusing on the case study of the U.S. trade relationship with Taiwan. The unit begins with a simulation that highlights the concepts of global interdependence, the need for international trade, and the distribution of the world's…

  5. Success and failure of technical trading strategies in the cocoa futures market

    NARCIS (Netherlands)

    Boswijk, P.; Griffioen, G.A.W.; Hommes, C.

    2001-01-01

    A large set of 5350 trend following technical trading rules is applied to LIFFE and CSCE cocoa futures prices, and to the Pound-Dollar exchange rate, in the period 1983:1-1997:6. We find that 72% of the trading rules generates positive profits, even when correcting for transaction and borrowing

  6. 17 CFR 33.4 - Designation as a contract market for the trading of commodity options.

    Science.gov (United States)

    2010-04-01

    ... capable of being transferred, assigned or otherwise disposed of other than on or subject to the rules of... regulations: (A) The cash market for the underlying physical exhibits sufficient liquidity such that the... the board of trade. (b) Such board of trade adopts rules which: (1) Prescribe in regard to strike...

  7. 77 FR 74174 - North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews

    Science.gov (United States)

    2012-12-13

    ... DEPARTMENT OF COMMERCE International Trade Administration North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews AGENCY: NAFTA Secretariat, United States Section.... Therefore, on the basis of the Panel Order and Rule 80 of the Article 1904 Panel Rules, the Panel Review was...

  8. 78 FR 5778 - North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews

    Science.gov (United States)

    2013-01-28

    ... DEPARTMENT OF COMMERCE International Trade Administration North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews AGENCY: NAFTA Secretariat, United States Section... the Panel Order and Rule 80 of the Article 1904 Panel Rules, the Panel Review was completed and the...

  9. 78 FR 17639 - North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews

    Science.gov (United States)

    2013-03-22

    ... DEPARTMENT OF COMMERCE International Trade Administration North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews AGENCY: NAFTA Secretariat, United States Section... Order and Rule 80 of the Article 1904 Panel Rules, the Panel Review was completed and the panelists were...

  10. 78 FR 10600 - North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews

    Science.gov (United States)

    2013-02-14

    ... DEPARTMENT OF COMMERCE International Trade Administration North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews AGENCY: NAFTA Secretariat, United States Section... Order and Rule 80 of the Article 1904 Panel Rules, the Panel Review was completed and the panelists were...

  11. 78 FR 11627 - North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews

    Science.gov (United States)

    2013-02-19

    ... DEPARTMENT OF COMMERCE International Trade Administration North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews AGENCY: NAFTA Secretariat, United States Section... Order and Rule 80 of the Article 1904 Panel Rules, the Panel Review was completed and the panelists were...

  12. 77 FR 72325 - North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews

    Science.gov (United States)

    2012-12-05

    ... DEPARTMENT OF COMMERCE International Trade Administration North American Free Trade Agreement (NAFTA), Article 1904 Binational Panel Reviews AGENCY: NAFTA Secretariat, United States Section... Order and Rule 80 of the Article 1904 Panel Rules, the Panel Review was completed and the panelists were...

  13. Trade issues and area-wide pest management

    International Nuclear Information System (INIS)

    Griffin, Robert L.

    2000-01-01

    Food security and economic security are unarguably desirable objectives for all nations - indeed for the world. Equally important is the sustainability of designs that achieve these objectives without disadvantaging others or damaging the environment. Considering area-wide pest management in the context of these interrelated global policy forces is essential to fully understand its role in both the protection of plant resources and in facilitation of trade. The case for food security begins with the realisation that there are currently about 800 million people in the world who are suffering from malnutrition due to lack of food. The World Food Summit, convened in November 1996, urgently called for coordinated world-wide action to ensure 'food for all'. A key strategy for realising this goal is reducing losses due to plant pests. In this light, area-wide pest management can be viewed as a valuable addition to the toolbox of pest management strategies. It can also be one of the most sustainable and cost-effective options to consider for pest management. However, just as the problem of world hunger is not solved by a single farmer, area-wide pest management cannot be successful at the individual level. It requires commitment and cooperation to make it feasible - the same type of commitment and cooperation that was expressed at the World Food Summit. Where economic security is concerned, one need not look far to see a world of growing economic integration and widening circles of development. As the World Trade Organisation celebrates the 50th anniversary of the rules-based trading system which began with the GATT after World War II, it is clear that globalisation and the liberalisation of trade have become permanent fixtures in international policy formulation and are integral to the economic security of all nations. Now, more than ever before, the world's prosperity rests on maintaining an open international economy based on commonly agreed rules. The significance of

  14. Parental Practices and Attitudes Related to Smoke-Free Rules in Homes, Cars, and Outdoor Playgrounds in US Households With Underage Children and Smokers, 2010-2011.

    Science.gov (United States)

    Zhang, Xiao; Martinez-Donate, Ana; Rhoads, Natalie

    2015-06-18

    A smoke-free environment protects children from exposure to involuntary smoke and also can reduce or prevent future smoking behavior. The purpose of this study was to examine levels and correlates of parental behavior and attitudes related to voluntary smoke-free rules in homes, cars, and outdoor children's play areas among US households with underage children and 1 or more smoking parents. We used data from the 2010-2011 Tobacco Use Supplement to the Current Population Survey and logistic regressions to model behavior and attitudes related to voluntary smoke-free rules in 3 settings. Overall, 60.1% of households with children and at least 1 smoking parent had voluntary smoke-free home rules. Approximately 84.6% and 71.5% of parents thought that smoking should not be allowed inside cars with children present and in outdoor play areas, respectively. Positive parental behavior and attitudes related to voluntary smoke-free rules were more likely among households with 2 parents, parents of higher education and household income, Hispanic parents, and parents of infants (P prevention efforts are needed to promote the voluntary adoption of smoke-free rules in homes, private cars, and outdoor children's play areas. Most parents from smoker households with underage children were supportive of smoke-free laws for cars and outdoor children's play areas, providing evidence and encouragement to policy makers to take action to restrict smoking in these locations.

  15.   Border Carbon Adjustments, the UNFCCC and WTO Rules

    DEFF Research Database (Denmark)

    Nielsen, Laura

    2010-01-01

      My presentation on Trade and Climate Change concludes that border carbon adjustments can be consistent with both the climate change and WTO rules - depending of course on their design - but that they are not necessarily attractive. ......  My presentation on Trade and Climate Change concludes that border carbon adjustments can be consistent with both the climate change and WTO rules - depending of course on their design - but that they are not necessarily attractive. ...

  16. Post Rule of Law

    DEFF Research Database (Denmark)

    Carlson, Kerstin Bree

    2016-01-01

    The value of developing hybrid international criminal procedure (ICP) is that it is arguably inclusive (representing two major legal traditions) and distinct from any domestic system, thus creating a separate, sui generis realm for international criminal law (ICL) jurists to meet. Since its...... addresses the practice of hybridity in ICP, drawing examples from the construction and evolution of hybrid procedure at the International Criminal Tribunal for the Former Yugoslavia (ICTY), to argue that the hybridity practiced by international criminal tribunals renders them ‘post rule of law’ institutions...

  17. NPT, export controls and nuclear trade

    International Nuclear Information System (INIS)

    Pande, Savita

    1997-01-01

    Nuclear trade has by and large remained unhampered vis-a-vis both the NPT as well as export control regulations. The NPT rules are regarded as insufficient, the guidelines appear to contravene the spirit of cooperation in trade and development between suppliers and recipients and there is no agreement among leading suppliers themselves on what constitutes the proper conduct of trade. Export control regimes are more or less too informal to be able to be implemented. The supplier states have to invariably depend on national legislations which again vary from country to country. The only common formal basis on which action can be taken is, therefore, the NPT, its loopholes notwithstanding. The idea of transparency, and supplier-recipient dialogue continues to be a myth and will continue to be so long as these regimes remain discriminatory, so long as some nations are more powerful than others by virtue of retaining nuclear weapons and superiority in nuclear technology and trade

  18. The Geometric Phase of Stock Trading.

    Science.gov (United States)

    Altafini, Claudio

    2016-01-01

    Geometric phases describe how in a continuous-time dynamical system the displacement of a variable (called phase variable) can be related to other variables (shape variables) undergoing a cyclic motion, according to an area rule. The aim of this paper is to show that geometric phases can exist also for discrete-time systems, and even when the cycles in shape space have zero area. A context in which this principle can be applied is stock trading. A zero-area cycle in shape space represents the type of trading operations normally carried out by high-frequency traders (entering and exiting a position on a fast time-scale), while the phase variable represents the cash balance of a trader. Under the assumption that trading impacts stock prices, even zero-area cyclic trading operations can induce geometric phases, i.e., profits or losses, without affecting the stock quote.

  19. Collaboration rules.

    Science.gov (United States)

    Evans, Philip; Wolf, Bob

    2005-01-01

    Corporate leaders seeking to boost growth, learning, and innovation may find the answer in a surprising place: the Linux open-source software community. Linux is developed by an essentially volunteer, self-organizing community of thousands of programmers. Most leaders would sell their grandmothers for workforces that collaborate as efficiently, frictionlessly, and creatively as the self-styled Linux hackers. But Linux is software, and software is hardly a model for mainstream business. The authors have, nonetheless, found surprising parallels between the anarchistic, caffeinated, hirsute world of Linux hackers and the disciplined, tea-sipping, clean-cut world of Toyota engineering. Specifically, Toyota and Linux operate by rules that blend the self-organizing advantages of markets with the low transaction costs of hierarchies. In place of markets' cash and contracts and hierarchies' authority are rules about how individuals and groups work together (with rigorous discipline); how they communicate (widely and with granularity); and how leaders guide them toward a common goal (through example). Those rules, augmented by simple communication technologies and a lack of legal barriers to sharing information, create rich common knowledge, the ability to organize teams modularly, extraordinary motivation, and high levels of trust, which radically lowers transaction costs. Low transaction costs, in turn, make it profitable for organizations to perform more and smaller transactions--and so increase the pace and flexibility typical of high-performance organizations. Once the system achieves critical mass, it feeds on itself. The larger the system, the more broadly shared the knowledge, language, and work style. The greater individuals' reputational capital, the louder the applause and the stronger the motivation. The success of Linux is evidence of the power of that virtuous circle. Toyota's success is evidence that it is also powerful in conventional companies.

  20. 77 FR 6850 - Self-Regulatory Organizations; NYSE Arca, Inc.; Order Granting Approval of Proposed Rule Change...

    Science.gov (United States)

    2012-02-09

    ... Listing and Trading of the PIMCO Total Return Exchange Traded Fund Under NYSE Arca Equities Rule 8.600... and trade shares (``Shares'') of the PIMCO Total Return Exchange Traded Fund (``Fund'') under NYSE... outlook for interest rates, currency exchange rates, and the economy, analyze credit and call risks, and...

  1. Moving average rules as a source of market instability

    NARCIS (Netherlands)

    Chiarella, C.; He, X.Z.; Hommes, C.H.

    2006-01-01

    Despite the pervasiveness of the efficient markets paradigm in the academic finance literature, the use of various moving average (MA) trading rules remains popular with financial market practitioners. This paper proposes a stochastic dynamic financial market model in which demand for traded assets

  2. 15 CFR 20.4 - Rules against age discrimination.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Rules against age discrimination. 20.4 Section 20.4 Commerce and Foreign Trade Office of the Secretary of Commerce NONDISCRIMINATION ON THE BASIS..., be excluded from participation in, be denied the benefits of, or be subjected to discrimination under...

  3. 17 CFR 240.11a-1 - Regulation of floor trading.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Regulation of floor trading... Securities Exchange Act of 1934 Adoption of Floor Trading Regulation (rule 11a-1) § 240.11a-1 Regulation of floor trading. (a) No member of a national securities exchange, while on the floor of such exchange...

  4. 17 CFR 240.12f-1 - Applications for permission to reinstate unlisted trading privileges.

    Science.gov (United States)

    2010-04-01

    ... reinstate unlisted trading privileges. 240.12f-1 Section 240.12f-1 Commodity and Securities Exchanges... Rules and Regulations Under the Securities Exchange Act of 1934 Unlisted Trading § 240.12f-1 Applications for permission to reinstate unlisted trading privileges. (a) An application to reinstate unlisted...

  5. The choice of strategic trade policy in China under the WTO frame

    Institute of Scientific and Technical Information of China (English)

    陆长春; 唐丹; 王新辉; 张德晖

    2007-01-01

    This text first elaborated the core thought and apply condition of the strategic trade policy first;secondly Put the strategic trade policy and WTO rule together to carry on analysis;finally,Combine the concrete circumstance of China,Put forward several suggestions on carrying out a strategic trade policy under the WTO frame。

  6. Five essays on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd

    2005-03-01

    The thesis discusses energy, environmental and economic aspects of polluting emissions with emphasis on greenhouse gas trade and political measures. 5 papers are included with titles: 1) Carbon trading across sources and periods constrained by the Marrakesh Accords which examines examine the potential effects on permit prices and abatement costs of four compliance rules governing emissions trade across sources and periods in the Kyoto Protocol: The banking rule that allows excess permits to be used later; the restoration rate rule that penalizes borrowing; the commitment period reserve rule that limits sales; and finally, the suspension rule that restricts borrowing and sales. Our framework is a two-period model where parties may be out of compliance in the Kyoto period, but are assumed to comply at a later time. Under varying assumptions about market power and US participation, we find that the rules may have pronounced effects on individual costs, but overall efficiency is not severely affected. 2) Affine price expectations and equilibrium in strategic markets which considers equilibrium in imperfect markets, featuring agents who exchange property rights. Important cases include trade in emission permits of greenhouse gases, or exchange of catch quotas of fish. Some players act strategically while others are price-takers. The ''demand curve'' is endogenous, and it affects all parties. The resulting, reduced objectives need not be concave. Therefore, existence of equilibrium is a delicate matter. To simplify things, and to ensure availability of ''equilibria up to first order'', we presume that all strategic agents form affine price expectations. 3) Greenhouse gases, quota exchange and oligopolistic competition that discusses the problem how quotas can be shared in the ''emissions market'' and how can the agents reach as overall equilibrium in the product market. 4) Strategic markets in property rights

  7. Five essays on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd

    2005-03-01

    The thesis discusses energy, environmental and economic aspects of polluting emissions with emphasis on greenhouse gas trade and political measures. 5 papers are included with titles: 1) Carbon trading across sources and periods constrained by the Marrakesh Accords which examines examine the potential effects on permit prices and abatement costs of four compliance rules governing emissions trade across sources and periods in the Kyoto Protocol: The banking rule that allows excess permits to be used later; the restoration rate rule that penalizes borrowing; the commitment period reserve rule that limits sales; and finally, the suspension rule that restricts borrowing and sales. Our framework is a two-period model where parties may be out of compliance in the Kyoto period, but are assumed to comply at a later time. Under varying assumptions about market power and US participation, we find that the rules may have pronounced effects on individual costs, but overall efficiency is not severely affected. 2) Affine price expectations and equilibrium in strategic markets which considers equilibrium in imperfect markets, featuring agents who exchange property rights. Important cases include trade in emission permits of greenhouse gases, or exchange of catch quotas of fish. Some players act strategically while others are price-takers. The ''demand curve'' is endogenous, and it affects all parties. The resulting, reduced objectives need not be concave. Therefore, existence of equilibrium is a delicate matter. To simplify things, and to ensure availability of ''equilibria up to first order'', we presume that all strategic agents form affine price expectations. 3) Greenhouse gases, quota exchange and oligopolistic competition that discusses the problem how quotas can be shared in the ''emissions market'' and how can the agents reach as overall equilibrium in the product market. 4) Strategic markets in property rights without price-takers that deals with Cournot-type models of

  8. Regional Trade Agreement and Agricultural Trade in East African ...

    African Journals Online (AJOL)

    Intra-EAC trade is very low, that is, at 9 per cent of the total regional trade, but it is on upward trend. Agricultural trade accounts for over 40 per cent of the intra-EAC trade. This study investigated the effect of EAC regional trade agreement on the regions agricultural trade by analyzing the degree of trade creation and ...

  9. 75 FR 79069 - Anti-Counterfeiting Trade Agreement: Request for Comments From the Public

    Science.gov (United States)

    2010-12-17

    ... proposed agreement to strengthen international cooperation, enforcement practices and legal frameworks for... international cooperation and to promote strong enforcement practices. Together these provisions will help to... OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE Anti-Counterfeiting Trade Agreement: Request for...

  10. Trading behaviour on the continuous intraday market ELBAS

    International Nuclear Information System (INIS)

    Scharff, Richard; Amelin, Mikael

    2016-01-01

    Intraday markets for electricity allow for trading of energy until shortly before the period of delivery. This offers market participants a possibility to reduce their expected imbalances and to offer own unused flexibility. Because this form of distributed balancing before the period of delivery can be profitable for market participants as well as beneficial for system operations, intraday trading is expected to gain more importance in future, especially with increasing shares of variable renewable energy sources in the generation mix. So far, intraday markets are still a research field with many open questions. This paper contributes by a first analysis of intraday trades on ELBAS, one of the European intraday markets. The analysis gives a detailed picture on trading activity and price development and is intended to improve understanding of continuous intraday trading. Findings include that trading activity differs significantly between price zones, that most trades occur in the last hours before gate closure and that market participants have to handle substantial price variations during the trading period. The paper also investigates the imbalance settlement rules in the Nordic countries and studies which effects one- and two-price imbalance settlement systems have on the market participants' profitability of intraday trading. - Highlights: • Insights into intraday trading: trading activity and price development. • Special focus is on characteristics of continuous trading. • Intrinsic problems in the Nordic imbalance pricing scheme are discussed. • Implications regarding balancing of generation from vRES.

  11. 77 FR 38767 - Notice of Scope Rulings

    Science.gov (United States)

    2012-06-29

    ... Trade Administration, U.S. Department of Commerce, 14th Street and Constitution Avenue NW., Washington... each calendar quarter. Scope Rulings Completed Between October 1, 2011, and December 31, 2011: People's Republic of China A-570-967; C-570-968: Aluminum Extrusions from the People's Republic of China Requestor...

  12. 75 FR 52311 - Notice of Scope Rulings

    Science.gov (United States)

    2010-08-25

    ... Trade Administration, U.S. Department of Commerce, 14th Street and Constitution Avenue, NW., Washington... calendar quarter. Scope Rulings Completed Between January 1, 2010, and March 31, 2010 People's Republic of China A-570-804: Sparklers from the People's Republic of China. Requestor: American Promotional Events...

  13. 75 FR 79339 - Notice of Scope Rulings

    Science.gov (United States)

    2010-12-20

    ... Trade Administration, U.S. Department of Commerce, 14th Street and Constitution Avenue, NW., Washington... calendar quarter. Scope Rulings Completed Between April 1, 2010, and June 30, 2010: People's Republic of China A-570-502: Iron Construction Castings From the People's Republic of China Requestor: National...

  14. 76 FR 73596 - Notice of Scope Rulings

    Science.gov (United States)

    2011-11-29

    ... Trade Administration, U.S. Department of Commerce, 14th Street and Constitution Avenue, NW., Washington... calendar quarter. Scope Rulings Completed Between January 1, 2011, and March 31, 2011 People's Republic of China A-570-601: Tapered Roller Bearings from the People's Republic of China Requestor: Blackstone OTR...

  15. Trade, development and sustainability

    DEFF Research Database (Denmark)

    Røpke, Inge

    1994-01-01

    Mainstream economic theory argues that trade, and especially free trade, is beneficial to everyone involved. This fundamental idea ? which has the character of a dogma ? still plays an important role in international discussions on trade issues, notably in relation to development and environment...... be defended in all cases. Especially, the developing countries' benefits from trade have been very dubious. Furthermore, the trading system has contributed to environmental problems in several ways, e.g. generating undervaluation of natural resources, stimulating economic growth with environmental....... The purpose of this article is to critically assess the "free trade dogma" and to investigate the validity of widely used arguments concerning the relations between trade and development and between trade and environment. It is argued that the trading system is not something inherently good, which should...

  16. Inspection and market-based regulation through emissions trading. The striking reliance on self-monitoring, self-reporting and verification

    International Nuclear Information System (INIS)

    Peeters, M.

    2006-01-01

    This contribution discusses inspection with regard to emissions trading. It focuses on the EU greenhouse gas emissions trading scheme. The core rule of emissions trading is that industries need to cover their emissions with tradable emission rights. There are several options for the government to distribute those rights, basically through a free allocation or an auction. The need to cover emissions with a tradable right gives a financial incentive to firms to choose for the reduction of emissions, of course related to the market price of the tradable right. This price-incentive at the same time urges governments to put in place a sound enforcement approach. One of the characteristics of current emissions trading schemes is that they heavily rely on self-monitoring duties. Nevertheless, the ultimate responsibility to inspect rests on the government. However, with the introduction of emissions trading a remarkable shift takes place: instead of the more traditional control of the actual behaviour of industries, inspection by the government ranges under the greenhouse gas emissions-trading instrument much more towards the control of self-monitoring activities. The use of verifiers within the EU greenhouse gas emissions trading scheme is in this respect a unique new provision, but at the same time raises many practical and fundamental questions.

  17. Australian road rules

    Science.gov (United States)

    2009-02-01

    *These are national-level rules. Australian Road Rules - 2009 Version, Part 18, Division 1, Rule 300 "Use of Mobile Phones" describes restrictions of mobile phone use while driving. The rule basically states that drivers cannot make or receive calls ...

  18. Rule Induction-Based Knowledge Discovery for Energy Efficiency

    OpenAIRE

    Chen, Qipeng; Fan, Zhong; Kaleshi, Dritan; Armour, Simon M D

    2015-01-01

    Rule induction is a practical approach to knowledge discovery. Provided that a problem is developed, rule induction is able to return the knowledge that addresses the goal of this problem as if-then rules. The primary goals of knowledge discovery are for prediction and description. The rule format knowledge representation is easily understandable so as to enable users to make decisions. This paper presents the potential of rule induction for energy efficiency. In particular, three rule induct...

  19. Effective Application of Improved Profit-Mining Algorithm for the Interday Trading Model

    Directory of Open Access Journals (Sweden)

    Yu-Lung Hsieh

    2014-01-01

    Full Text Available Many real world applications of association rule mining from large databases help users make better decisions. However, they do not work well in financial markets at this time. In addition to a high profit, an investor also looks for a low risk trading with a better rate of winning. The traditional approach of using minimum confidence and support thresholds needs to be changed. Based on an interday model of trading, we proposed effective profit-mining algorithms which provide investors with profit rules including information about profit, risk, and winning rate. Since profit-mining in the financial market is still in its infant stage, it is important to detail the inner working of mining algorithms and illustrate the best way to apply them. In this paper we go into details of our improved profit-mining algorithm and showcase effective applications with experiments using real world trading data. The results show that our approach is practical and effective with good performance for various datasets.

  20. Effective application of improved profit-mining algorithm for the interday trading model.

    Science.gov (United States)

    Hsieh, Yu-Lung; Yang, Don-Lin; Wu, Jungpin

    2014-01-01

    Many real world applications of association rule mining from large databases help users make better decisions. However, they do not work well in financial markets at this time. In addition to a high profit, an investor also looks for a low risk trading with a better rate of winning. The traditional approach of using minimum confidence and support thresholds needs to be changed. Based on an interday model of trading, we proposed effective profit-mining algorithms which provide investors with profit rules including information about profit, risk, and winning rate. Since profit-mining in the financial market is still in its infant stage, it is important to detail the inner working of mining algorithms and illustrate the best way to apply them. In this paper we go into details of our improved profit-mining algorithm and showcase effective applications with experiments using real world trading data. The results show that our approach is practical and effective with good performance for various datasets.

  1. Reconfiguring trade mark law

    DEFF Research Database (Denmark)

    Elsmore, Matthew James

    2013-01-01

    -border setting, with a particular focus on small business and consumers. The article's overall message is to call for a rethink of received wisdom suggesting that trade marks are effective trade-enabling devices. The case is made for reassessing how we think about European trade mark law.......First, this article argues that trade mark law should be approached in a supplementary way, called reconfiguration. Second, the article investigates such a reconfiguration of trade mark law by exploring the interplay of trade marks and service transactions in the Single Market, in the cross...

  2. Redirecting International Trade

    DEFF Research Database (Denmark)

    Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

    2014-01-01

    The global financial crisis has contributed to the redirection of trade towards new markets outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift, based......-specific investments are particularly difficult to redirect towards markets with weak institutions....... on Swedish firm-level trade data. Results suggest that weak institutions hamper trade and reduce the length of trade relations, especially for small firms. Trade in industries that are characterized by a high frequency of trade conflicts and where transactions require extensive relationship...

  3. Redirecting International Trade

    DEFF Research Database (Denmark)

    Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

    The global financial crisis has accelerated the redirection of trade towards new markets, outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift. Results...... difficult to redirect towards markets with weak institutions....... suggest that weak institutions hamper trade and reduces the length of trade relations, especially for small firms. Furthermore, trade in industries that are characterized by a high degree of trade conflicts and that requires extensive relationship specific investments for trade to occur are comparatively...

  4. 76 FR 8388 - Self-Regulatory Organizations; NYSE Arca, Inc.; Order Approving a Proposed Rule Change To List...

    Science.gov (United States)

    2011-02-14

    .... The Bank of New York Mellon Corporation is the administrator, Fund accountant, transfer agent and... policies, distributions and taxes, availability of information, trading rules and halts, and surveillance...

  5. 76 FR 19160 - Self-Regulatory Organizations; Notice of Filing and Immediate Effectiveness of Proposed Rule...

    Science.gov (United States)

    2011-04-06

    ... market'' is defined in NYSE Amex Rule 900.2NY(62), in respect of an underlying stock or Exchange-Traded Fund Share, as the principal market in which the underlying stock or Exchange-Traded Fund Share is... and meet their investment, trading and risk management requirements. The Exchange is also proposing to...

  6. The EU Rules on Labelling of Genetically Modified Foods: Mission accomplished?

    DEFF Research Database (Denmark)

    Andersen, Lars Bracht

    2010-01-01

    of GMO related content in a food product is in fact an appropriate measure to protect consumer interests. Furthermore, the EU labelling rules may prove to be a trade obstacle causing conflict in the EU’s trade relations with third countries. The labelling rules will most likely be considered a trade......In 2003 the EU adopted new rules regulating all aspects of placing genetically modified foods on the market. The rules significantly enhance the scope of the labelling requirement in an attempt to accommodate consumer demand, but it is debatable whether or not a labelling requirement in the case...

  7. Emissions Trading Resources

    Science.gov (United States)

    Learn about emissions trading programs, also known as cap and trade programs, which are market-based policy tools for protecting human health and the environment by controlling emissions from a group of sources.

  8. Trade Agreements PTI

    Data.gov (United States)

    Department of Homeland Security — The objective of the Trade Agreements PTI is to advance CBP’s mission by working with internal and external stakeholders to facilitate legitimate trade and address...

  9. Canada loses appeal of WTO panel ruling on minimum patent terms.

    Science.gov (United States)

    Elliott, R

    2000-01-01

    In the last issue, we reported on a ruling of a Panel of the World Trade Organization (WTO) that Canada was in breach of the international Agreement on Trade-Related Aspects of Intellectual Property Rights (the TRIPS Agreement). The Panel found that Canada's Patent Act does not provide the minimum patent terms required by the trade agreement. Canada appealed that decision, but on 18 September 2000 the WTO Appellate Body upheld the Panel ruling.

  10. Trade, Labor, Legitimacy

    OpenAIRE

    Guzman, Andrew

    2003-01-01

    The relationship between international trade and labor standards is one of several controversial issues facing the WTO. Proponents of a trade-labor link argue that labor is a human rights issue and that trade sanctions represent a critical tool in the effort to improve international working conditions. Opponents argue that a link between trade and labor would open the door to protectionist measures that would target low wage countries and harm the very workers the policy is intended to help. ...

  11. The trading relationship between the EU and Mercosur: the mediatory role of Brazil

    OpenAIRE

    Santos, Filipa Daniela Gomes dos

    2015-01-01

    Dissertação de mestrado em European and Transglobal Business Law The global multilateralism has been the option for the expansion of trade and economic investments. The objectives of free trade exceeded the traditional notion of trade in goods liberalization to include contemporary topics such as services, investment and intellectual property and to be consistent with the rules established by the World Trade Organization (WTO). The interest of developing countries to impleme...

  12. Cooperation in environmental protection. The economics of green trade, market-based instruments and community involvement

    International Nuclear Information System (INIS)

    Roettgers, Dirk

    2013-01-01

    . The CDM, including its underlying and flanking mechanisms, is one of many possible market-based instruments (MBis) for environmental protection. Next to offset mechanisms like the CDM, some newer forms of MBis are particularly suited to help developing regions find international partners without having to rely on their government and their country's institutions too much. Employing the background of wetland-based projects, the following proposed instruments for international ecosystem protection partnerships are analyzed: (1) product certification for wetland-based goods, (2) an offset mechanism called wetland mitigation trading and (3) ecosystem certification. A static optimization model analyzes the applicability of these three MBis. Taking the example of agriculture and aquaculture, findings suggest a potential to increase welfare for all three instruments. However, product certification suffers from drawbacks owing to strong interdependencies between the ecosystem services. Wetland mitigation trading and ecosystem certification are first-best choices within this model as long as ecosystem services can be quantified properly and transaction costs are not prohibitive. Such MBis are of course not only considered as theoretical policy measures, but also implemented practically. This dissertation analyzes how participants in common-pool resource experiments cooperate in the presence. Results show that the strength of rules in an experiment can determine the relevance of group conformity for decision making: The most important indicator for conformity in the experiment loses relevance in the presence of strong rules. Other forms of guidance like personal relationships and leadership retain relevance, even in strong rules settings. Furthermore, the experiments show that framing similar to real circumstances changes results in the field. This implies the possibility to tailor experiments to their specific use: If they are meant to give concrete information on the

  13. Cooperation in environmental protection. The economics of green trade, market-based instruments and community involvement

    Energy Technology Data Exchange (ETDEWEB)

    Roettgers, Dirk

    2013-12-18

    . The CDM, including its underlying and flanking mechanisms, is one of many possible market-based instruments (MBis) for environmental protection. Next to offset mechanisms like the CDM, some newer forms of MBis are particularly suited to help developing regions find international partners without having to rely on their government and their country's institutions too much. Employing the background of wetland-based projects, the following proposed instruments for international ecosystem protection partnerships are analyzed: (1) product certification for wetland-based goods, (2) an offset mechanism called wetland mitigation trading and (3) ecosystem certification. A static optimization model analyzes the applicability of these three MBis. Taking the example of agriculture and aquaculture, findings suggest a potential to increase welfare for all three instruments. However, product certification suffers from drawbacks owing to strong interdependencies between the ecosystem services. Wetland mitigation trading and ecosystem certification are first-best choices within this model as long as ecosystem services can be quantified properly and transaction costs are not prohibitive. Such MBis are of course not only considered as theoretical policy measures, but also implemented practically. This dissertation analyzes how participants in common-pool resource experiments cooperate in the presence. Results show that the strength of rules in an experiment can determine the relevance of group conformity for decision making: The most important indicator for conformity in the experiment loses relevance in the presence of strong rules. Other forms of guidance like personal relationships and leadership retain relevance, even in strong rules settings. Furthermore, the experiments show that framing similar to real circumstances changes results in the field. This implies the possibility to tailor experiments to their specific use: If they are meant to give concrete information on the

  14. Individual Attitudes Towards Trade

    DEFF Research Database (Denmark)

    Jäkel, Ina Charlotte; Smolka, Marcel

    2013-01-01

    Using the 2007 wave of the Pew Global Attitudes Project, this paper finds statistically significant and economically large Stolper-Samuelson effects in individuals’ preference formation towards trade policy. High-skilled individuals are substantially more pro-trade than low-skilled individuals......-Ohlin model in shaping free trade attitudes, relative to existing literature....

  15. Banking and Trading

    NARCIS (Netherlands)

    Boot, A.W.A.; Ratnovski, L.

    2016-01-01

    We study the interaction between relationship banking and short-term arm’s length activities of banks, called trading. We show that a bank can use the franchise value of its relationships to expand the scale of trading, but may allocate too much capital to trading ex post , compromising its ability

  16. THE NEW RULES OF GREEN MARKETING- A BOOK REVIEW

    Directory of Open Access Journals (Sweden)

    Raluca-Mihaela SANDU

    2016-07-01

    Full Text Available This paper’s purpose is to provide a review of the book ”The New Rules of Green Marketing. Strategies, Tools and Inspiration for Sustainable Branding” (2011 written by Jacquelyn A. Ottman. In this sense, the book is analyzed from a personal point of view, but exposed as objective as possible. In recent years, people’s attitude changed from skepticism to positivism in what concerns green products and the trend is to include them into their lives as usual commodities. This book essentializes the new guidelines of green marketing. The most significant benefit of reading this book is that it embodies theoretical aspects with practical ones, such as concrete examples of companies involved in the green market. The book adresses multinationals, entreprises, agencies, trade associations, NGOs, government agencies involved in the green marketing environment, professors, researchers, students or any individual having an affinity for green marketing in general.

  17. 77 FR 31683 - Notice of Effective Date of Modifications to a Rule of Origin of the United States-Australia Free...

    Science.gov (United States)

    2012-05-29

    ... Rule of Origin of the United States-Australia Free Trade Agreement AGENCY: Office of the United States Trade Representative. ACTION: Notice of effective date for goods of Australia of certain modifications to a product-specific rule of origin under the United States-Australia Free Trade Agreement (USAFTA...

  18. The rule of rescue.

    Science.gov (United States)

    McKie, John; Richardson, Jeff

    2003-06-01

    Jonsen coined the term "Rule of Rescue"(RR) to describe the imperative people feel to rescue identifiable individuals facing avoidable death. In this paper we attempt to draw a more detailed picture of the RR, identifying its conflict with cost-effectiveness analysis, the preference it entails for identifiable over statistical lives, the shock-horror response it elicits, the preference it entails for lifesaving over non-lifesaving measures, its extension to non-life-threatening conditions, and whether it is motivated by duty or sympathy. We also consider the measurement problems it raises, and argue that quantifying the RR would probably require a two-stage procedure. In the first stage the size of the individual utility gain from a health intervention would be assessed using a technique such as the Standard Gamble or the Time Trade-Off, and in the second the social benefits arising from the RR would be quantified employing the Person Trade-Off. We also consider the normative status of the RR. We argue that it can be defended from a utilitarian point of view, on the ground that rescues increase well-being by reinforcing people's belief that they live in a community that places great value upon life. However, utilitarianism has long been criticised for failing to take sufficient account of fairness, and the case is no different here: fairness requires that we do not discriminate between individuals on morally irrelevant grounds, whereas being "identifiable" does not seem to be a morally relevant ground for discrimination.

  19. 18 CFR 385.1104 - Initial petition (Rule 1104).

    Science.gov (United States)

    2010-04-01

    ... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Initial petition (Rule... COMMISSION, DEPARTMENT OF ENERGY PROCEDURAL RULES RULES OF PRACTICE AND PROCEDURE Petitions for Adjustments Under the NGPA § 385.1104 Initial petition (Rule 1104). (a) Content. (1) The petition must contain: (i...

  20. Guide to the collision avoidance rules

    CERN Document Server

    Cockcroft, A N

    2004-01-01

    A Guide to the Collision Avoidance Rules is the essential reference to the safe operation of all vessels at sea. Published continuously since 1965, this respected and expert guide is the classic text for all who need to, practically and legally, understand and comply with the Rules. This sixth edition incorporates all of the amendments to the International Regulations for Preventing Collisions at Sea which came into force in November 2003.The books sets out all of the Rules with clear explanation of their meaning, and gives detailed examples of how the rules have been used in practice

  1. Marketing instruments of foreign trade promotion

    Directory of Open Access Journals (Sweden)

    Bjelić Predrag

    2011-01-01

    Full Text Available Instruments of promotion as a part of marketing mix are usually associated with companies but more and more countries use this instrument in order to boost their exports. These foreign trade promotion instruments are now popular in many countries in the world since their use is not opposed to any World Trade Organization rules. Marketing instruments of trade promotions are the most important. They include National Exhibitions and National labels of origin and quality. In order to coordinate the application of these instruments countries have established national bodies for trade promotion. Many studies in the past had argued that national Agencies established to promote export did not had any real success, but recent studies indicate that they could have a significant impact on country export promotion. The result of this rise in impact of national export promotion agencies is due to international effort spearheaded by International Trade Center. The aim of this paper is to point out types and methods of marketing instruments application in trade promotion and to present the effectiveness of these instruments applications.

  2. Rules of Origin for Goods and Services: Conceptual Issues and Economic Considerations

    OpenAIRE

    Hoekman, Bernard

    1993-01-01

    Rules of origin form part of the traditional trade policy landscape. They are necessary for any government that seeks to distinguish between different foreign sources of supply of a product. This paper provides a basic introduction to the conceptual issues that arise in this area. It discusses both origin rules for products and producers, the latter being crucial in the context of trade in services, and summarizes the results of the economic literature with respect to rules of origin. The int...

  3. Parental Practices and Attitudes Related to Smoke-Free Rules in Homes, Cars, and Outdoor Playgrounds in US Households With Underage Children and Smokers, 2010?2011

    OpenAIRE

    Zhang, Xiao; Martinez-Donate, Ana; Rhoads, Natalie

    2015-01-01

    Introduction A smoke-free environment protects children from exposure to involuntary smoke and also can reduce or prevent future smoking behavior. The purpose of this study was to examine levels and correlates of parental behavior and attitudes related to voluntary smoke-free rules in homes, cars, and outdoor children?s play areas among US households with underage children and 1 or more smoking parents. Methods We used data from the 2010?2011 Tobacco Use Supplement to the Current Population S...

  4. THE TRADE POSITION OF POLAND IN THE ICT SERVICES SECTOR

    Directory of Open Access Journals (Sweden)

    Sylwia Talar

    2016-09-01

    Full Text Available The paper includes analysis and assessment of trade in the ICT services performance of Poland. This study is looked at the trade position, essentially on the basis of the share in the world ICT services exports, revealed comparative advantage (RCA, and trade coverage ratio. It also identifies trends of the world trade in the ICT services. The statistics are derived from the basis of UNCTAD and Eurostat. International trade in the ICT ser-vices sector has specific characteristics and the interpretation of results of this trade is to take account of the particular nature of the ICT services. Poland is currently not revealed comparative advantage in the ICT services exports, but has had positive balance. Practically all trade indicators for Poland show very strong growth, which indicate a significant improvement in its ICT services trade position.

  5. How did Trade Norms Evolve in Scandinavia?

    DEFF Research Database (Denmark)

    Svendsen, Gunnar Lind Haase; Svendsen, Gert Tinggaard

    2016-01-01

    in the world today, we argue that one possible historical root of social trust may be the long-distance trade practices of the Viking age. To manage the risk of being cheated, trade between strangers in an oral world required a strong informal institution of trust-based trade norms out of necessity to deal...... with the risk of being cheated. In contrast to similar cases like the famous medieval Maghribi traders, who counted on writing (Greif, 1989), the punishment of cheaters could not be supported by written documents such as legal documents and letters, as the large majority of Vikings were non...

  6. 77 FR 13668 - Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of Filing of Proposed Rule Change To...

    Science.gov (United States)

    2012-03-07

    ... Rule 604(h) that is being moved to new Rule 613. Accordingly, trading floor personnel will continue to... Supervisor, or ``SU,'' if applicable. This provision is being moved, unchanged, in its entirety to new Rule... to finders,\\36\\ and is being moved to Rule 614(b), without change. \\36\\ This provision is identical...

  7. Organ trade using social networks.

    Science.gov (United States)

    Alrogy, Waleed; Jawdat, Dunia; Alsemari, Muhannad; Alharbi, Abdulrahman; Alasaad, Abdullah; Hajeer, Ali H

    2016-01-01

    Organ transplantation is recognized worldwide as an effective treatment for organ failure. However, due to the increase in the number of patients requiring a transplant, a shortage of suitable organs for transplantation has become a global problem. Human organ trade is an illegal practice of buying or selling organs and is universally sentenced. The aim of this study was to search social network for organ trade and offerings in Saudi Arabia. The study was conducted from June 22, 2015 to February 19, 2016. The search was conducted on Twitter, Google answers, and Facebook using the following terms: kidney for sale, kidneys for sale, liver for sale, kidney wanted, liver wanted, kidney donor, and liver donor. We found a total of 557 adverts on organ trade, 165 (30%) from donors or sellers, and 392 (70%) from recipients or buyers. On Twitter, we found 472 (85%) adverts, on Google answers 61 (11%), and on Facebook 24 (4%). Organ trade is a global problem, and yet it is increasingly seen in many countries. Although the Saudi Center for Organ Transplantation by-laws specifically prohibits and monitors any form of commercial transplantation, it is still essential to enforce guidelines for medical professionals to detect and prevent such criminal acts.

  8. Organ trade using social networks

    Directory of Open Access Journals (Sweden)

    Waleed Alrogy

    2016-01-01

    Full Text Available Organ transplantation is recognized worldwide as an effective treatment for organ failure. However, due to the increase in the number of patients requiring a transplant, a shortage of suitable organs for transplantation has become a global problem. Human organ trade is an illegal practice of buying or selling organs and is universally sentenced. The aim of this study was to search social network for organ trade and offerings in Saudi Arabia. The study was conducted from June 22, 2015 to February 19, 2016. The search was conducted on Twitter, Google answers, and Facebook using the following terms: kidney for sale, kidneys for sale, liver for sale, kidney wanted, liver wanted, kidney donor, and liver donor. We found a total of 557 adverts on organ trade, 165 (30% from donors or sellers, and 392 (70% from recipients or buyers. On Twitter, we found 472 (85% adverts, on Google answers 61 (11%, and on Facebook 24 (4%. Organ trade is a global problem, and yet it is increasingly seen in many countries. Although the Saudi Center for Organ Transplantation by-laws specifically prohibits and monitors any form of commercial transplantation, it is still essential to enforce guidelines for medical professionals to detect and prevent such criminal acts.

  9. Do recent US Supreme Court rulings on patenting of genes and genetic diagnostics affect the practice of genetic screening and diagnosis in prenatal and reproductive care?

    Science.gov (United States)

    Chandrasekharan, Subhashini; McGuire, Amy L.; Van den Veyver, Ignatia B.

    2015-01-01

    Thousands of patents have been awarded that claim human gene sequences and their uses, and some have been challenged in court. In a recent high-profile case, Association for Molecular Pathology, et al. vs. Myriad Genetics, Inc., et al., the United States Supreme Court ruled that genes are natural occurring substances and therefore not patentable through “composition of matter” claims. The consequences of this ruling will extend well beyond ending Myriad's monopoly over BRCA testing, and may affect similar monopolies of other commercial laboratories for tests involving other genes. It could also simplify intellectual property issues surrounding genome-wide clinical sequencing, which can generate results for genes covered by intellectual property. Non-invasive prenatal testing (NIPT) for common aneuploidies using cell-free fetal (cff) DNA in maternal blood is currently offered through commercial laboratories and is also the subject of ongoing patent litigation. The recent Supreme Court decision in the Myriad case has already been invoked by a lower district court in NIPT litigation and resulted in invalidation of primary claims in a patent on currently marketed cffDNA-based testing for chromosomal aneuploidies. PMID:24989832

  10. Do recent US Supreme Court rulings on patenting of genes and genetic diagnostics affect the practice of genetic screening and diagnosis in prenatal and reproductive care?

    Science.gov (United States)

    Chandrasekharan, Subhashini; McGuire, Amy L; Van den Veyver, Ignatia B

    2014-10-01

    Thousands of patents have been awarded that claim human gene sequences and their uses, and some have been challenged in court. In a recent high-profile case, Association for Molecular Pathology, et al. v. Myriad Genetics, Inc., et al., the US Supreme Court ruled that genes are natural occurring substances and therefore not patentable through 'composition of matter' claims. The consequences of this ruling will extend well beyond ending Myriad's monopoly over BRCA testing and may affect similar monopolies of other commercial laboratories for tests involving other genes. It could also simplify intellectual property issues surrounding genome-wide clinical sequencing, which can generate results for genes covered by intellectual property. Non-invasive prenatal testing (NIPT) for common aneuploidies using cell-free fetal (cff) DNA in maternal blood is currently offered through commercial laboratories and is also the subject of ongoing patent litigation. The recent Supreme Court decision in the Myriad case has already been invoked by a lower district court in NIPT litigation and resulted in invalidation of primary claims in a patent on currently marketed cffDNA-based testing for chromosomal aneuploidies. © 2014 John Wiley & Sons, Ltd.

  11. The uranium International trade

    International Nuclear Information System (INIS)

    Gonzalez U, L.A.

    1993-01-01

    The aim of this thesis is the understanding of how the present dynamic of uranium International trade is developed, the variables which fall into, the factors that are affecting and conditioning it, in order to clarify which are going to be the outlook in the future of this important resource in front of the present ecological situation and the energetic panorama of XXI Century. For this purpose, as starting point, the uranium is considered as a strategic material which importance take root in its energetic potential as alternate energy source, and for this reason in Chapter I, the general problem of raw materials, its classification and present situation in the global market is presented. In Chapter II, by means of a historical review, is explain what uranium is, how it was discovered, and how since the end of the past Century and during the last three decades of present, uranium pass of practically unknown element, to the position of a strategic raw material, which by degrees, generate an International market, owing to its utilization as a basic resource in the generation of energy. Chapter III, introduce us in the roll played by uranium, since its warlike applications until its utilization in nuclear reactors for the generation of electricity. Also is explain the reason for this change in the perception at global level. Finally, in Chapter IV we enter upon specifically in the present conditions of the International market of this mineral throughout the trends of supply and demand, the main producers, users, price dynamics, and the correlation among these economical variables and other factors of political, social and ecological nature. All of these with the purpose to found out, if there exist, a meaning of the puzzle that seems to be the uranium International trade

  12. Ethical food standard schemes and global trade

    DEFF Research Database (Denmark)

    Daugbjerg, Carsten; Botterill, Linda Courtenay

    2012-01-01

    Global food trade embodies a range of different interpretations of the nature of food and its role in society. On the one hand, the WTO food regulation regime, in particular the SPS agreement, is based upon a somewhat instrumental value of food consumption in which food is seen as a commodity...... base of each institution while giving expression to both materialist and postmaterialist understandings of the nature of food....... to be traded in accordance with international trade rules. At the same time, a number of private standards, such as GlobalG.A.P and various organic standards, are emerging which embody broadly postmaterialist values that suggest that food purchasing and consumption are also social, ethical and perhaps even...

  13. A Ten-Year Rule to guide the allocation of EU emission allowances

    International Nuclear Information System (INIS)

    Ahman, Markus; Burtraw, Dallas; Kruger, Joseph; Zetterberg, Lars

    2007-01-01

    Member States in the European Union (EU) are responsible for National Allocation Plans governing the initial distribution of emission allowances in the CO 2 Emission Trading System, including rules governing allocations to installations that close and to new entrants. The European Commission has provided guidelines to discourage the use of allocation methodologies that provide incentives affecting firms' compliance behavior, for example by rewarding one type of compliance investment over another. We find that the treatment of closures and new entrants by Member States is inconsistent with the general guidelines provided by the EU. We propose stronger EU guidance regarding closures and new entrants, a more precise compensation criterion on which to justify free allocations, and a Ten-Year Rule as a component of future EU policy that can guide a transition from current practice to an approach that places greater weight on efficiency

  14. Nutrition labelling is a trade policy issue: lessons from an analysis of specific trade concerns at the World Trade Organization.

    Science.gov (United States)

    Thow, Anne Marie; Jones, Alexandra; Hawkes, Corinna; Ali, Iqra; Labonté, Ronald

    2017-01-12

    Interpretive nutrition labels provide simplified nutrient-specific text and/or symbols on the front of pre-packaged foods, to encourage and enable consumers to make healthier choices. This type of labelling has been proposed as part of a comprehensive policy response to the global epidemic of non-communicable diseases. However, regulation of nutrition labelling falls under the remit of not just the health sector but also trade. Specific Trade Concerns have been raised at the World Trade Organization's Technical Barriers to Trade Committee regarding interpretive nutrition labelling initiatives in Thailand, Chile, Indonesia, Peru and Ecuador. This paper presents an analysis of the discussions of these concerns. Although nutrition labelling was identified as a legitimate policy objective, queries were raised regarding the justification of the specific labelling measures proposed, and the scientific evidence for effectiveness of such measures. Concerns were also raised regarding the consistency of the measures with international standards. Drawing on policy learning theory, we identified four lessons for public health policy makers, including: strategic framing of nutrition labelling policy objectives; pro-active policy engagement between trade and health to identify potential trade issues; identifying ways to minimize potential 'practical' trade concerns; and engagement with the Codex Alimentarius Commission to develop international guidance on interpretative labelling. This analysis indicates that while there is potential for trade sector concerns to stifle innovation in nutrition labelling policy, care in how interpretive nutrition labelling measures are crafted in light of trade commitments can minimize such a risk and help ensure that trade policy is coherent with nutrition action. © The Author 2017. Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

  15. Trade, development, and regulatory issues in food.

    Science.gov (United States)

    Ramaswamy, Sunder; Viswanathan, Brinda

    2007-03-01

    Trade in food and animal products has increased several-fold in the past decade, and simultaneously regulations governing the movement of such products across national boundaries have also increased. The present study reviews harmonization in food trade regulation by focusing on nutritional aspects to understand its role in enhancing world trade on the one hand and consumer interest and welfare on the other. Harmonization to a large extent brings in more regulation from the developed world acting through their governments, consumer organizations, and multinational companies; it does not seem to address, in general, the concerns of the large segments of the poor population for whom agriculture and food trade are the main sources of livelihood. There is a lack of quantifiable estimates of the loss in well-being of the disadvantaged. However, there is substantial research focused on the potential harm to developed nations as a result of nonadherence to the rules. Clearly, lack of adequate infrastructure, resource constraints, and weak institutions not only result in poor food safety regulation within developing countries but also remain barriers to realizing the greater potential benefits from increased trade. Harmonization of standards would have some losers and some winners, but to make it more inclusive, scientific knowledge alone may not be adequate; social and cultural aspects also need to be considered, since food systems differ among regions, with varying preferences, local resource availability, and levels of economic development. Improvement in governance in many countries not only would ensure better participation in international rule-making and the negotiation process for fairer trade but also would result in effective domestic legislation to ensure safer health for citizens, resulting in higher overall well-being.

  16. 19 CFR 177.7 - Situations in which no ruling will be issued.

    Science.gov (United States)

    2010-04-01

    ....7 Section 177.7 Customs Duties U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY... for a ruling which fails to comply with the provisions of this part. Moreover, no ruling letter will... litigation in the United States Court of International Trade. No ruling letter will be issued with respect to...

  17. Liability for nuclear damage: financial and definitional limitations with particular reference to the EEC rules prohibiting subsidies and anti-competitive practices and agreements

    International Nuclear Information System (INIS)

    Sands, P.

    1992-01-01

    In March 1990 the Commission of the European Communities (EEC) held that a package of state aids (subsidies) to the United Kingdom nuclear industry were compatible with Article 92 of the EEC Treaty. The decision was significant because it held that the package of measures constituted ''state aids'' and that the nuclear industry was subject to Article 92 of the EEC Treaty; and it set some of the parameters to determine the conditions under which the Commission will authorise such state aids. The decision has implications for the emerging rules governing civil liability for damage caused by waste, including nuclear waste, currently being prepared by the EC Commission and the International Atomic Energy Agency Standing Committee on Nuclear Liability. (author)

  18. The Southern African Development Community Trade Legal Instruments Compliance with Certain Criteria of GATT Article XXIV

    Directory of Open Access Journals (Sweden)

    A Saurombe

    2011-07-01

    Full Text Available Article XXIV of the General Agreement on Tariffs and Trade (GATT lays down the legal principles with which regional trade agreements have to conform. Based on these principles, WTO members have the mandate to determine the legality of Regional Trade Agreements (RTAs under the GATT. Article XXIV permits both regional and bilateral preferential trade agreements leading to the formation of customs unions and free trade areas, and seeks to integrate them in the multilateral trading system envisioned for the world. SADC is an RTA created under this Article. Notwithstanding the controversies surrounding the provisions and interpretation of Article XXIV, this paper seeks to establish the extent to which the SADC Protocol on Trade and free trade area comply with WTO rules. An analysis of selected Article XXIV provisions and the SADC Trade Protocol provisions will be undertaken in trying to establish this compliance.

  19. Time series regression-based pairs trading in the Korean equities market

    Science.gov (United States)

    Kim, Saejoon; Heo, Jun

    2017-07-01

    Pairs trading is an instance of statistical arbitrage that relies on heavy quantitative data analysis to profit by capitalising low-risk trading opportunities provided by anomalies of related assets. A key element in pairs trading is the rule by which open and close trading triggers are defined. This paper investigates the use of time series regression to define the rule which has previously been identified with fixed threshold-based approaches. Empirical results indicate that our approach may yield significantly increased excess returns compared to ones obtained by previous approaches on large capitalisation stocks in the Korean equities market.

  20. Electromagnetic compatibility design and cabling system rules

    International Nuclear Information System (INIS)

    Raimbourg, J.

    2009-01-01

    This report is devoted to establish EMC (Electromagnetic Compatibility) design and cabling system rules. It is intended for hardware designers in charge of designing electronic maps or integrating existing materials into a comprehensive system. It is a practical guide. The rules described in this document do not require enhanced knowledge of advanced mathematical or physical concepts. The key point is to understand phenomena with a pragmatic approach to highlight the design and protection rules. (author)

  1. Greenhouse gas trading

    Energy Technology Data Exchange (ETDEWEB)

    Drazilov, P. [Natsource-Tullett Emissions Brokerage, Toronto, ON (Canada)

    2001-07-01

    Natsource-Tullett Emissions Brokerage is a market leader in natural gas, electricity, coal, and weather, emissions with a total of more than $2 billion by volume in emissions transactions in the United States, Canada, Australia, Japan, and Europe. This power point presentation addressed issues dealing with global warming, the Kyoto Protocol, and explained where we are in terms of reaching commitments for the first compliance period between 2008-2012. The paper focused on international emissions trading (IET), joint implementation (JI) and the clean development mechanism (CDM) and explained how greenhouse gases are traded. Emissions trading refers to the trade of carbon dioxide, methane, nitrous oxides, perfluoro-carbons, hydrofluorocarbons, and sulphur hexafluorides. The motivational drivers for trading were outlined in terms of liability for buyers and assets for sellers. To date, trading activity is nearly 120 transactions with nearly 70 million tons of carbon dioxide equivalent. tabs., figs.

  2. Bitcoin trading system

    OpenAIRE

    Turšič, Samo

    2015-01-01

    In this thesis an information solution was developed that enables the implementation of different trading strategies and backtesting over cryptocurrency Bitcoin trading data. Supported exchanges are Bitstamp, BTC-e and MtGox. In the field of technical analysis there already exist various solutions for Bitcoin that help traders to trade and advise them on basis of technical indicators and patterns. However, each has its own drawbacks, which we are aiming to fix. A web application was developed...

  3. Bitcoin trading system

    OpenAIRE

    Turšič, Samo

    2014-01-01

    In this thesis an information solution was developed that enables the implementation of different trading strategies and backtesting over cryptocurrency Bitcoin trading data. Supported exchanges are Bitstamp, BTC-e and MtGox. In the field of technical analysis there already exist various solutions for Bitcoin that help traders to trade and advise them on basis of technical indicators and patterns. However, each has its own drawbacks, which we are aiming to fix. A web application was developed...

  4. International trade and inequality

    OpenAIRE

    Urata, Sh¯ujir¯o; Narjoko, Dionisius A.

    2017-01-01

    The impact of globalization on equality has become a serious concern for many countries. More evidence that challenges the theoretical prediction of positive impact of international trade on income distribution has increasingly become available recently. This paper addresses this subject, surveying the empirical findings on the impact of international trade on inequalities from various perspectives. The survey reveals that an increase in trade openness by developing countries appears to have ...

  5. COMPANY SIZE, TRADING ACTIVITY AND LIQUIDITY AS A DETERMINANTS OF CROSS-SECTIONAL MOMENTUM TRADING STRATEGY ON RUSSIAN STOCK MARKET

    Directory of Open Access Journals (Sweden)

    Teplova T. V.

    2014-06-01

    Full Text Available Momentum-effect has many interpretations in the practice of investing and in understanding of anomalies in asset prices. We consider a Cross-Sectional momentum effects and the corresponding two medium-term (3 months or more trading strategies that are different from the trend following rules for individual assets. We tested four hypothesis deals with cross-sectional momentum effect on the Russian stock market and the possibility of building a self-financing (long-short trading strategy at three time horizon (stock market growth from 2004 until mid 2008, financial crisis and post-crisis periods. It is shown that for the Russian market cross-sectional momentum strategy with partly rebalanced portfolio maximizing portfolio return (134 stocks listed from 2004 to 2014 in the few Russian stock exchanges should be based on the three-month formation period and three-month holding period periods (3/1/3. We have identified elements of profit-maximizing momentum strategy: three time windows and determinants of assets. Monthly average return of arbitrage strategy is estimated at 1.5 % for 134 common shares. Implementation of the strategy for the post-crisis period does not allow to maximize profit. For 6-month and more investment windows it gets the advantage of reverse strategy (opening long positions in stocks with low investment results and short position for assets with high relative returns. Fundamental parameters of the issuer (size of companies like market capitalization and two measures of liquidity (trading activity and transaction costs like bid-ask spread are significant to maximize portfolio performance (we prove the growth of monthly average return ranging from 1.5 to 2.5 %. We find that size and liquidity control momentum strategy can earn positive profits in Russian stock market, larger than naïve momentum.

  6. Racial Trade Barriers?

    DEFF Research Database (Denmark)

    Bjerre, Jacob Halvas

    . This paper analyzes the racial policies pursued in the foreign trade and argues that we need to recognize Aryanization as a world-wide policy in order to fully understand its character and possible consequences. I focus on the pre-war period and analyze the case of Denmark from three different perspectives......: perpetrators, victims and bystanders. The analysis will show that race, economy and foreign trade were combined in an attempt to raise racial trade barriers. This forced the question of German racial policies on the Danish government, Danish-Jewish businesses, and German companies involved in foreign trade...

  7. International emissions trading

    DEFF Research Database (Denmark)

    Boom, Jan Tjeerd

    This thesis discusses the design and political acceptability of international emissions trading. It is shown that there are several designs options for emissions trading at the national level that have a different impact on output and thereby related factors such as employment and consumer prices....... The differences in impact of the design make that governments may prefer different designs of emissions trading in different situations. The thesis furthermore establishes that international emissions trading may lead to higher overall emissions, which may make it a less attractive instrument....

  8. Trade Analysis and Safeguards

    International Nuclear Information System (INIS)

    Chatelus, R.; Schot, P.M.

    2010-01-01

    In order to verify compliance with safeguards and draw conclusions on the absence of undeclared nuclear material and activities, the International Atomic Energy Agency (IAEA) collects and analyses trade information that it receives from open sources as well as from Member States. Although the IAEA does not intervene in national export controls, it has to monitor the trade of dual use items. Trade analysis helps the IAEA to evaluate global proliferation threats, to understand States' ability to report exports according to additional protocols but also to compare against State declarations. Consequently, the IAEA has explored sources of trade-related information and has developed analysis methodologies beyond its traditional safeguards approaches. (author)

  9. Trade in health services.

    Science.gov (United States)

    Chanda, Rupa

    2002-01-01

    In light of the increasing globalization of the health sector, this article examines ways in which health services can be traded, using the mode-wise characterization of trade defined in the General Agreement on Trade in Services. The trade modes include cross- border delivery of health services via physical and electronic means, and cross-border movement of consumers, professionals, and capital. An examination of the positive and negative implications of trade in health services for equity, efficiency, quality, and access to health care indicates that health services trade has brought mixed benefits and that there is a clear role for policy measures to mitigate the adverse consequences and facilitate the gains. Some policy measures and priority areas for action are outlined, including steps to address the "brain drain"; increasing investment in the health sector and prioritizing this investment better; and promoting linkages between private and public health care services to ensure equity. Data collection, measures, and studies on health services trade all need to be improved, to assess better the magnitude and potential implications of this trade. In this context, the potential costs and benefits of trade in health services are shaped by the underlying structural conditions and existing regulatory, policy, and infrastructure in the health sector. Thus, appropriate policies and safeguard measures are required to take advantage of globalization in health services. PMID:11953795

  10. Development and application of a cost-benefit framework for energy reliability. Using probabilistic methods in network planning and regulation to enhance social welfare. The N-1 rule

    International Nuclear Information System (INIS)

    Nooij, Michiel de; Baarsma, Barbara; Bloemhof, Gabriel; Dijk, Harold; Slootweg, Han

    2010-01-01

    Although electricity is crucial to many activities in developed societies, guaranteeing a maximum reliability of supply to end-users is extremely costly. This situation gives rise to a trade-off between the costs and benefits of reliability. The Dutch government has responded to this trade-off by changing the rule stipulating that electricity networks must be able to maintain supply even if one component fails (known as the N-1 rule), even in maintenance situations. This rule was changed by adding the phrase 'unless the costs exceed the benefits.' We have developed a cost-benefit framework for the implementation and application of this new rule. The framework requires input on failure probability, the cost of supply interruptions to end-users and the cost of investments. A case study of the Dutch grid shows that the method is indeed practicable and that it is highly unlikely that N-1 during maintenance will enhance welfare in the Netherlands. Therefore, including the limitation 'unless the costs exceed the benefits' in the rule has been a sensible policy for the Netherlands, and would also be a sensible policy for other countries. (author)

  11. Marketing support of putting on the own trade marks in the retail sector

    Directory of Open Access Journals (Sweden)

    Firsova S.

    2013-02-01

    Full Text Available The article summarizes the practical experience of putting own trade mark by the domestic enterprise on the food market of Ukraine. The author has investigated the marketing strategy of putting on the own trade mark and evaluated its results for the enterprise, formed and implemented to the practice the measures for evaluating the attractiveness of company’s own trade mark.

  12. International provision of trade services, trade, and fragmentation

    OpenAIRE

    Deardorff, Alan V.

    2001-01-01

    The author examines the special role that trade liberalization in services industries can play in stimulating trade in both services, and goods. International trade in goods requires inputs from such trade services as transportation, insurance, and finance, for example. Restrictions on services across borders, and within foreign countries add costs, and barriers to international trade. Lib...

  13. INDONESIAN TRADE UNDER CHINA FREE TRADE AREA

    Directory of Open Access Journals (Sweden)

    Tavi Supriana

    2011-09-01

    Full Text Available This paper investigates the implementation of CAFTA (China-Asean Free Trade Area on the international trade flows across Indonesia, China and the rest of ASEAN using a gravitation model. It finds the evidence that the influence of diversion and creation effects on China are significant, while the influence of both effects on Indonesia are not significant. It also finds that the diversion effect, which leads to a decrease in society’s wealth, is greater than that of the creation effect. As a consequence, the gap across countries involved in the trade agreement is wider. Keywords: CAFTA, gravitation model, diversion effect, creation effectJEL classification numbers: F13, F14, F15

  14. 78 FR 77743 - Self-Regulatory Organizations; NYSE Arca, Inc.; Order Granting Approval of Proposed Rule Change...

    Science.gov (United States)

    2013-12-24

    ...\\ a proposed rule change to list and trade shares (``Shares'') of the PIMCO Diversified Income... proposes to list and trade the Shares of the Funds pursuant to NYSE Arca Equities Rule 8.600, which governs... to other risks, such as interest rate or currency risk. A Fund may also use forwards to enhance...

  15. 77 FR 38351 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change To List...

    Science.gov (United States)

    2012-06-27

    ... copper market is the third largest metals market in terms of physical volume. Much of the copper traded...-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change To List and Trade Shares of iShares Copper Trust Pursuant to NYSE Arca Equities Rule 8.201 June 22, 2012. Pursuant to Section...

  16. 78 FR 26096 - Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Order Approving Proposed Rule Change To...

    Science.gov (United States)

    2013-05-03

    ... reflect what can be traded on the floor. The order types that are handled and executed automatically by... legs. The Commission believes that such automation may benefit the Exchange, its members and users, and... types in the rule reflect what can be traded on the floor. The Exchange is also amending Rule 1080...

  17. 77 FR 65920 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change Relating...

    Science.gov (United States)

    2012-10-31

    ... Trading of Shares of the Pring Turner Business Cycle ETF Under NYSE Arca Equities Rule 8.600 October 25... Turner Business Cycle ETF. The text of the proposed rule change is available on the Exchange's Web site... and trade shares (``Shares'') of the Pring Turner Business Cycle ETF (``Fund'') under NYSE Arca...

  18. 75 FR 57384 - Rescission of Rules Pertaining to the Payment of Bounties for Information Leading to the Recovery...

    Science.gov (United States)

    2010-09-21

    .... SUPPLEMENTARY INFORMATION: The Insider Trading and Securities Fraud Enforcement Act of 1988 authorized the... SECURITIES AND EXCHANGE COMMISSION 17 CFR Part 201 [Release No. 34-62921] Rescission of Rules... Trading AGENCY: Securities and Exchange Commission. ACTION: Final rule. SUMMARY: The Dodd-Frank Wall...

  19. 76 FR 805 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change Relating...

    Science.gov (United States)

    2011-01-06

    ... Trading Shares of the SPDR Nuveen S&P High Yield Municipal Bond ETF December 30, 2010. Pursuant to Section... Change The Exchange proposes to list and trade shares of the SPDR Nuveen S&P High Yield Municipal Bond ETF under NYSE Arca Equities Rule 5.2(j)(3), Commentary .02. The text of the proposed rule change is...

  20. 75 FR 28831 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of a Proposed Rule...

    Science.gov (United States)

    2010-05-24

    ... second by comparing each last consolidated sale price of a security (``Trigger Trade'') during the...-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of a Proposed Rule Change Adding Rule 80C To Provide for a Trading Pause for Individual Securities When the Price Moves 10 Percent or More...

  1. 77 FR 73912 - Used Motor Vehicle Trade Regulation Rule

    Science.gov (United States)

    2012-12-12

    ... typographical errors. These errors appeared in the Spanish Buyers Guide available on the FTC's Web site, but... the Federal Register in 1995. After receiving the CARS comment, the FTC Web site version of the Buyers... translated as ``Grietas en el chasis''; ``Cooling System'' shall be translated as ``Sistema de enfriamiento...

  2. With Trump Contraception Rules, Parties Trade Places in Courtroom.

    Science.gov (United States)

    Kirkner, Richard Mark

    2018-02-01

    The defendants and plaintiffs have changed sides in the latest courtroom drama surrounding the ACA requirement that health plans cover women's contraception. Where once the plaintiffs took exception on religious and moral grounds, it's now states and reproductive rights groups who support the requirements that are bringing the legal challenges.

  3. 77 FR 74745 - Used Motor Vehicle Trade Regulation Rule

    Science.gov (United States)

    2012-12-17

    ... Certified Used Cars--The Wave of the Future, Edmunds.com , Inc., http://www.edmunds.com/car-buying/certified... warranty information from manufacturers other than the ones for which they have a franchise.\\58\\ NADA also... Guide also suggests that consumers get an independent inspection of a vehicle before buying it. Since...

  4. 78 FR 10573 - Used Motor Vehicle Trade Regulation Rule

    Science.gov (United States)

    2013-02-14

    ... notice soliciting public comments in connection with its issuance of a Notice of Proposed Rulemaking... the Automobiles Working Group of the National Association of Attorneys General, Consumers for Auto... not include any sensitive personal information, such as any individual's Social Security Number; date...

  5. The merchant shipping (dangerous goods) (amendment) rules 1980 No. 789

    International Nuclear Information System (INIS)

    1980-01-01

    These Rules amend the Merchant Shipping Rules 1978 and revoke the Merchant Shipping (Dangerous Goods) (Amendment) Rules 1979. The purpose of this amendment is to update the references to the 1978 Report of the Department of Trade's Standing Advisory Committee on the Carriage of Dangerous Goods in Ships (the Blue Book) and the 1977 Edition of the International Maritime Dangerous Goods Code of IMCO (the IMDG Code), referred to in the 1978 Rules. The amendments concern, inter alia, marking of packages on board ship which contain dangerous goods, including radioactive materials (NEA) [fr

  6. Biological trade and markets.

    Science.gov (United States)

    Hammerstein, Peter; Noë, Ronald

    2016-02-05

    Cooperation between organisms can often be understood, like trade between merchants, as a mutually beneficial exchange of services, resources or other 'commodities'. Mutual benefits alone, however, are not sufficient to explain the evolution of trade-based cooperation. First, organisms may reject a particular trade if another partner offers a better deal. Second, while human trade often entails binding contracts, non-human trade requires unwritten 'terms of contract' that 'self-stabilize' trade and prevent cheating even if all traders strive to maximize fitness. Whenever trading partners can be chosen, market-like situations arise in nature that biologists studying cooperation need to account for. The mere possibility of exerting partner choice stabilizes many forms of otherwise cheatable trade, induces competition, facilitates the evolution of specialization and often leads to intricate forms of cooperation. We discuss selected examples to illustrate these general points and review basic conceptual approaches that are important in the theory of biological trade and markets. Comparing these approaches with theory in economics, it turns out that conventional models-often called 'Walrasian' markets-are of limited relevance to biology. In contrast, early approaches to trade and markets, as found in the works of Ricardo and Cournot, contain elements of thought that have inspired useful models in biology. For example, the concept of comparative advantage has biological applications in trade, signalling and ecological competition. We also see convergence between post-Walrasian economics and biological markets. For example, both economists and biologists are studying 'principal-agent' problems with principals offering jobs to agents without being sure that the agents will do a proper job. Finally, we show that mating markets have many peculiarities not shared with conventional economic markets. Ideas from economics are useful for biologists studying cooperation but need

  7. Algorithmic Trading with Developmental and Linear Genetic Programming

    Science.gov (United States)

    Wilson, Garnett; Banzhaf, Wolfgang

    A developmental co-evolutionary genetic programming approach (PAM DGP) and a standard linear genetic programming (LGP) stock trading systemare applied to a number of stocks across market sectors. Both GP techniques were found to be robust to market fluctuations and reactive to opportunities associated with stock price rise and fall, with PAMDGP generating notably greater profit in some stock trend scenarios. Both algorithms were very accurate at buying to achieve profit and selling to protect assets, while exhibiting bothmoderate trading activity and the ability to maximize or minimize investment as appropriate. The content of the trading rules produced by both algorithms are also examined in relation to stock price trend scenarios.

  8. Regulation of oil trading: a U.S. and U.K. legal update (or) Death of Transnor

    International Nuclear Information System (INIS)

    Turck, N.B.

    1992-01-01

    Current law in the USA and United Kingdom relating to commodities trading in oil and oil products is an area of uncertainty and case law is not necessarily consistent with regulation. The principal laws relating to commodities trading are reviewed and analysed as they apply to the oil market. In the case of the USA this is the Commodities Exchange Act (CEA) administered by the Commodities Future Trading Commission (CFTC). Conflicting interpretations of the CEA of the US Federal Court in a case concerning the Brent crude transactions of the Transnor company, and by the CFTC, are examined. In contrast to the USA, where transactions and the market are regulated, the United Kingdom regulation is aimed at the traders and their behaviour. In the United Kingdom, the Financial Services Act 1986 (FSA) established self-regulating professional bodies to issue rules governing the conduct of entities carrying on investment business. Rules applying to oil and product traders are issued and enforced by the Security and Futures Authority Ltd (SFA). Additionally the Securities and Investment Board (SIB), the umbrella organisation of the regulatory bodies established by the FSA, has produced an Oil Market Code of Practice which is appended to this article. (UK)

  9. How fair is fair trade?

    NARCIS (Netherlands)

    Maseland, Robbert; Vaal, Albert de

    2001-01-01

    This paper investigates to what extent fair trade programmes, are indeed ‘fair’. This is accomplished by comparing fair trade with free trade and protectionist trade regimes on their compliance of the criteria set by the fair trade movement itself. This comparison is made using comparative cost

  10. Introduction to International Trade.

    Science.gov (United States)

    Intercom, 1986

    1986-01-01

    Focusing mainly on United States-Japan relations, this issue provides 11 lesson plans and student handouts dealing with international trade topics such as protective tariffs, currency exchange rates, unofficial trade barriers, causes of unemployment, the balance of payments and the internationalization of the automobile industry. (JDH)

  11. Trade and Development

    DEFF Research Database (Denmark)

    Abbott, Philip; Bentzen, Jeanet; Tarp, Finn

    2009-01-01

    History, not predictions of CGE models or cross-country growth studies, shows a strong relationship between trade and development. Vietnam's experience with bilateral trade agreements, comparing actual outcomes with predictions from existing models, demonstrates this and the limitations of research...

  12. Expatriates and trade

    Czech Academy of Sciences Publication Activity Database

    Konečný, Tomáš

    2012-01-01

    Roč. 13, č. 1 (2012), s. 83-98 ISSN 1488-3473 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : migration * trade * informal trade barriers Subject RIV: AH - Economics

  13. Expatriates and trade

    Czech Academy of Sciences Publication Activity Database

    Konečný, Tomáš

    -, č. 387 (2009), s. 1-29 ISSN 1211-3298 R&D Projects: GA MŠk LC542 Grant - others:GA UK(CZ) 118909 Institutional research plan: CEZ:MSM0021620846 Keywords : international trade * migration * informal trade barriers Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp387.pdf

  14. Banking and trading

    NARCIS (Netherlands)

    Boot, A.W.A.; Ratnovski, L.

    2013-01-01

    We study the interaction between relationship banking and short-term, scalable arm’s length finance which we call trading. Relationship banking is not scalable, has high franchise value, is long-term oriented and low risk. Trading is transaction-based: scalable, with lower margins (capital

  15. International trade. Multinational aspects.

    Science.gov (United States)

    Ozawa, Y

    2000-01-01

    Of numerous regional economic agreements, the European Union (EU), the North American Free Trade Agreement (NAFTA), South American Common Market (MERCOSUR), the Association of Southeast Asian Nations (ASEAN), the South Asian Association for Regional Cooperation (SAARC) and the Australia-New Zealand Closer Economic Relations Agreement are examples that are actively pursuing regional integration for freer trade of animals and animal products. The World Trade Organization (WTO) believes that regional and multinational integration initiatives are complements rather than alternatives in the pursuit of more open trade. In the efforts to harmonize SPS standards among multilateral trading nations, it is recommended that national requirements meet the standards developed by the OIE and the FAO/WHO Codex Alimentarius Commission as the minimum requirements rather than adopting the standards of the lowest common denominator. Regional grouping may hinder multilateral or bilateral trade between the countries of a group and those of the other groups. How to eliminate such non-tariff barriers as traditional trade custom remains to be examined. Ongoing activities of VICH (Harmonisation of Technical Requirements for Registration of Veterinary Medical Products) may pave the way for more open trade in pharmaceutical products between multilateral regional groups.

  16. Comparative study on current trading system and online trading: the ...

    African Journals Online (AJOL)

    Comparative study on current trading system and online trading: the case of ... of online trading and factors affecting its feasibility of implementation in ECX. ... The study found that there is significant capacity problem with major skills gap with ...

  17. Discourse on corruption counteraction in network trade

    Directory of Open Access Journals (Sweden)

    Leonid A. Zhigun

    2015-12-01

    Full Text Available Objective to determine the specific forms of corruption and promising methods to counteract corruption in network trade. Methods the combination of inductive observations comparisons generalizations facts and trends of corruption in network trade with a logical analytical deduction of economic theories and the corruption concept are the basis of the study and provide an opportunity on the one hand to assess the level of compliance of theoretical concepts of corruption with the practice and on the other handnbsp to determine their applicability to organize opposition and create conditions to prevent its occurrence to summarize the features of corruption in the form of a kickback the discourse method was applied in this work. Results on the basis of theoretical provisions and facts of corruption in trade it is proved that it has typical characteristics of corruption in commercial and nonprofit organizations. The key reasons are identified why corruption occurs in trade. Among them supply of poor quality goods at inflated prices leading to bribery in the form of laquopersonal bonusraquo to administrator of the trading organization when selling goods by an unscrupulous supplier and also supply goods to the trade organizations which will not buy without kickback. Most of these corrupt deals are carried out by natural monopolies in the form of state and municipal procurement. In some cases the kickback is the argument stimulating the decision to introduce new and advanced technologies. The factors that lead to corruption in trade are listed and reasonable methods to counteract it are grounded allowing to create conditions for its eradication in other branches of business as well. Scientific novelty for the first time a generalization has been made about the deficit as the driving force in the mechanism when the bribegivers and bribetakers change places. Practical significance the main provisions and conclusions of the article can be used in the

  18. Rules of thumb and simplified methods

    International Nuclear Information System (INIS)

    Lahti, G.P.

    1985-01-01

    The author points out the value of a thorough grounding in fundamental physics combined with experience of applied practice when using simplified methods and rules of thumb in shield engineering. Present-day quality assurance procedures and good engineering practices require careful documentation of all calculations. The aforementioned knowledge of rules of thumb and back-of-the-envelope calculations can assure both the preparer and the reviewer that the results in the quality assurance documentation are the physically correct ones

  19. THE APPLICATION PROCESS OF HAMBURG RULES, GIVEN THE CONTEXT OF THE EMERGENCE AND ENTRY INTO FORCE OF THE NEW ROMANIAN CIVIL CODE

    Directory of Open Access Journals (Sweden)

    Adriana Elena Belu

    2013-11-01

    Full Text Available The paper aims to conduct a comparative analysis and tries to offer an objective point of view regarding a number of questions arisen in practice, related to the applicability of the 1978 Hamburg Rules and keeping public order of Romanian private international law, such as those that aim at: agreeing upon the applicability of the foreign law by the Romanian parties; applicability of the Hamburg Rules; public nuisance of the Romanian private international law; character of public policy rule of the Hamburg Rules. In the application process of the Hamburg Rules, given the context of the emergence and entry into force of the New Civil Code, obviously, the provisions of the Romanian Civil Code shall apply in addition, where the international convention lacks. Therefore, in order to apply the logic of the provisions of the Civil Code in full compliance with the international standards, though giving priority to the latter rules, a rigorous analysis is required, analysis which becomes more complex given the fact that, in accordance with Art. 230 of Law no. 71/2011 to implement Law no. 287/2009 on the Civil Code, Book II "About Maritime Trade and Sailing" of the Commercial Code, will be abolished upon the entry into force of the Maritime Code, as those provisions remain in force, being applied with priority to the rules of the Civil Code.

  20. FeynRules - Feynman rules made easy

    OpenAIRE

    Christensen, Neil D.; Duhr, Claude

    2008-01-01

    In this paper we present FeynRules, a new Mathematica package that facilitates the implementation of new particle physics models. After the user implements the basic model information (e.g. particle content, parameters and Lagrangian), FeynRules derives the Feynman rules and stores them in a generic form suitable for translation to any Feynman diagram calculation program. The model can then be translated to the format specific to a particular Feynman diagram calculator via F...

  1. Delayed rule following

    OpenAIRE

    Schmitt, David R.

    2001-01-01

    Although the elements of a fully stated rule (discriminative stimulus [SD], some behavior, and a consequence) can occur nearly contemporaneously with the statement of the rule, there is often a delay between the rule statement and the SD. The effects of this delay on rule following have not been studied in behavior analysis, but they have been investigated in rule-like settings in the areas of prospective memory (remembering to do something in the future) and goal pursuit. Discriminative even...

  2. Environmental justice research shows the importance of social feedbacks in ecosystem service trade-offs

    Directory of Open Access Journals (Sweden)

    Neil M. Dawson

    2017-09-01

    Full Text Available In this article, we shine a spotlight on approaches to research ecosystem service trade-offs and critically assess their representation of relevant social dynamics. Although studies linking ecosystem services and human well-being have provided theoretical insights into social and ecological trade-offs, we argue that ecosystem services research has paid insufficient attention to "social feedbacks," people's cognitive and behavioral responses to change. We demonstrate that augmenting ecosystem services research with environmental justice approaches (exploring perceptions of the distribution of costs and benefits, decision making procedures, and recognition of different values and identities can more effectively capture important responses to ecosystem governance. Spatial analysis of land use change, mixed-method assessment of multidimensional well-being, and qualitative environmental justice research were applied in three villages adjacent to Nam Et-Phou Louey National Protected Area in northern Laos. Spatial analysis showed that, from 2006 to 2015, forest clearance for cultivation remained stable within the protected area. Well-being assessment revealed the local population benefited from rapidly increasing incomes, asset ownership, and reduced poverty during that time. In combination, spatial and well-being analyses paint a picture of limited trade-offs, despite growing incentives to exploit protected land and resources through cash crops and high-value forest products. In contrast, results from environmental justice research revealed profound trade-offs between conservation and local practices, and highlight governance deficiencies relating to procedure and recognition. Consequently, formal protected area rules were perceived to be illegitimate by many and actively undermined, for example through negotiated access with alternative authorities. We conclude that although well-being research provides an essential foundation to understand diverse

  3. Environmentally damaging electricity trade

    International Nuclear Information System (INIS)

    Billette de Villemeur, Etienne; Pineau, Pierre-Olivier

    2010-01-01

    Electricity trade across regions is often considered welfare enhancing. We show in this paper that this should be reconsidered if environmental externalities are taken into account. We consider two cases where trade is beneficial, before accounting for environmental damages: first, when two regions with the same technology display some demand heterogeneity; second when one region endowed with hydropower arbitrages with its 'thermal' neighbor. Our results show that under reasonable demand and supply elasticities, trade comes with an additional environmental cost. This calls for integrating environmental externalities into market reforms when redesigning the electricity sector. Two North American applications illustrate our results: trade between Pennsylvania and New York, and trade between hydro-rich Quebec and New York.

  4. Online stock trading platform

    Directory of Open Access Journals (Sweden)

    Ion LUNGU

    2006-01-01

    Full Text Available The Internet is the perfect tool that can assure the market’s transparency for any user who wants to trade on the stock market. The investor can have access to the market news, financial calendar or the press releases of the issuers. A good online trading platform also provides real-time intraday quotes, trading history and technical analysis giving the investor a clearer view of the supply and demand in the market. All this information provides the investor a good image of the market and encourages him to trade. This paper wishes to draft the pieces of an online trading platform and to analyze the impact of developing and implementing one in a brokerage firm.

  5. Environmentally damaging electricity trade

    Energy Technology Data Exchange (ETDEWEB)

    Billette de Villemeur, Etienne [Toulouse School of Economics (IDEI and GREMAQ) (France); Pineau, Pierre-Olivier [HEC Montreal (Canada)

    2010-03-15

    Electricity trade across regions is often considered welfare enhancing. We show in this paper that this should be reconsidered if environmental externalities are taken into account. We consider two cases where trade is beneficial, before accounting for environmental damages: first, when two regions with the same technology display some demand heterogeneity; second when one region endowed with hydropower arbitrages with its ''thermal'' neighbor. Our results show that under reasonable demand and supply elasticities, trade comes with an additional environmental cost. This calls for integrating environmental externalities into market reforms when redesigning the electricity sector. Two North American applications illustrate our results: trade between Pennsylvania and New York, and trade between hydro-rich Quebec and New York. (author)

  6. 75 FR 25005 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change Amending...

    Science.gov (United States)

    2010-05-06

    ... deems appropriate for options trading Exchange- Traded Fund Shares (``ETFs'' or ``Fund Shares'' or ``Units'') that are traded on a national securities exchange and are defined as an ``NMS stock'' in Rule... similar entity that holds a specified non-U.S. currency deposited with the trust or similar entity when...

  7. 77 FR 36591 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change Relating...

    Science.gov (United States)

    2012-06-19

    ...., value, growth), sectors, and industries, as well as exchange- traded currency and commodity trusts..., securities, foreign currencies, and net income from an interest in a qualified publicly traded partnership... traded on the Exchange under NYSE Arca Equities Rule 5.2(j)(3), seeks to provide investment results that...

  8. 77 FR 11177 - Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Order Granting Approval of a Proposed Rule...

    Science.gov (United States)

    2012-02-24

    ...-Traded Fund Shares and Foreign Currencies). Exchange rules governing margin requirements and trading halt... of Options on Stocks, Exchange-Traded Fund Shares and Foreign Currencies). \\19\\ See Notice, supra... and Currency Options), 1009A (Designation of the Index) and 1101A (Terms of Option Contracts) to list...

  9. 77 FR 21827 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change Relating...

    Science.gov (United States)

    2012-04-11

    ... Fund Shares on the Exchange.\\3\\ The Fund will be an actively managed exchange-traded fund.\\4\\ The... Investment Company Units, listed and traded on the Exchange under NYSE Arca Equities Rule 5.2(j)(3), seeks to...-NYSEArca-2008-86) (order approving Exchange listing and trading of WisdomTree Dreyfus Emerging Currency...

  10. 78 FR 14600 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change To List...

    Science.gov (United States)

    2013-03-06

    ... currency other than United States dollars) or more par amount outstanding and significant par value traded... traded on the Exchange under NYSE Arca Equities Rule 5.2(j)(3), seeks to provide investment results that... trading of WisdomTree Dreyfus Commodity Currency Fund); 64935 (July 20, 2011), 76 FR 44966 (July 27, 2011...

  11. 77 FR 26056 - Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Order Granting Approval of a Proposed Rule...

    Science.gov (United States)

    2012-05-02

    ... are flexible exchange-traded index, equity, or currency option contracts that provide investors the... Options on Stocks, Exchange-Traded Fund Shares and Foreign Currencies). \\13\\ See Exchange Rules 721... on Stocks, Exchange-Traded Fund Shares and Foreign Currencies). \\18\\ See Notice, supra note 3 and...

  12. 78 FR 11238 - Self-Regulatory Organizations; NYSE Arca, Inc.; Order Granting Approval of Proposed Rule Change...

    Science.gov (United States)

    2013-02-15

    ... such as flows, market technical trends, and government policies. With respect to fixed income investing... PIMCO Foreign Currency Strategy Exchange-Traded Fund Under NYSE Arca Equities Rule 8.600 February 8... and trade shares (``Shares'') of the PIMCO Foreign Currency Strategy Exchange-Traded Fund (``Fund...

  13. 75 FR 41258 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of a Proposed Rule...

    Science.gov (United States)

    2010-07-15

    ... movements in the price at which a security is traded can indicate aberrant volatility, which is harmful to investors. On August 19, 2008, the Commission approved new Rule 4753(c), which established a volatility... 4753(c), a volatility-based pause in trading in individual NASDAQ-listed securities traded on NASDAQ...

  14. 75 FR 11559 - Certain Combed Cotton Yarns: Effect of Modification of U.S.-Bahrain FTA Rules of Origin

    Science.gov (United States)

    2010-03-11

    ... INTERNATIONAL TRADE COMMISSION [Investigation No. Bahrain-FTA-103-025] Certain Combed Cotton Yarns: Effect of Modification of U.S.- Bahrain FTA Rules of Origin AGENCY: United States International Trade... to section 104 of the United States-Bahrain Free Trade Agreement (FTA) Implementation Act (19 U.S.C...

  15. From cigarette smuggling to illicit tobacco trade.

    Science.gov (United States)

    Joossens, Luk; Raw, Martin

    2012-03-01

    Tax policy is considered the most effective strategy to reduce tobacco consumption and prevalence. Tax avoidance and tax evasion therefore undermine the effectiveness of tax policies and result in less revenue for governments, cheaper prices for smokers and increased tobacco use. Tobacco smuggling and illicit tobacco trade have probably always existed, since tobacco's introduction as a valuable product from the New World, but the nature of the trade has changed. This article clarifies definitions, reviews the key issues related to illicit trade, describes the different ways taxes are circumvented and looks at the size of the problem, its changing nature and its causes. The difficulties of data collection and research are discussed. Finally, we look at the policy options to combat illicit trade and the negotiations for a WHO Framework Convention on Tobacco Control (FCTC) protocol on illicit tobacco trade. Twenty years ago the main type of illicit trade was large-scale cigarette smuggling of well known cigarette brands. A change occurred as some major international tobacco companies in Europe and the Americas reviewed their export practices due to tax regulations, investigations and lawsuits by the authorities. Other types of illicit trade emerged such as illegal manufacturing, including counterfeiting and the emergence of new cigarette brands, produced in a rather open manner at well known locations, which are only or mainly intended for the illegal market of another country. The global scope and multifaceted nature of the illicit tobacco trade requires a coordinated international response, so a strong protocol to the FCTC is essential. The illicit tobacco trade is a global problem which needs a global solution.

  16. New Games, New Rules

    DEFF Research Database (Denmark)

    Constantiou, Ioanna; Kallinikos, Jannis

    2015-01-01

    Big data and the mechanisms by which it is produced and disseminated introduce important changes in the ways information is generated and made relevant for organizations. Big data often represents miscellaneous records of the whereabouts of large and shifting online crowds. It is frequently......, the usefulness of big data rests on their steady updatability, a condition that reduces the time span within which this data is useful or relevant. Jointly, these attributes challenge established rules of strategy making as these are manifested in the canons of procuring structured information of lasting value...... that addresses specific and long-term organizational objectives. The developments underlying big data thus seem to carry important implications for strategy making, and the data and information practices with which strategy has been associated. We conclude by placing the understanding of these changes within...

  17. Anatomical practice at Göttingen University since the Age of Enlightenment and the fate of victims from Wolfenbüttel prison under Nazi rule.

    Science.gov (United States)

    Ude-Koeller, Susanne; Knauer, Wilfried; Viebahn, Christoph

    2012-06-01

    This report briefly summarises anatomical practice at Göttingen University from its founding in 1737 until the Nazi period and gives a detailed account of how Nazi death penalty legislation and execution practice at Wolfenbüttel prison influenced the decision-making of the anatomists in charge at that time. Problems in the procurement of corpses, encountered almost continuously throughout Europe since the broad introduction of dissection into medical training in the early 18th century, were absent in Göttingen during periods of overt progress in anatomical sciences, e.g. under Albrecht von Haller (in office 1736-1753) and Jacob Henle (1853-1885), and at times when existing regulations were rigorously enforced by the authorities (1814-1851). Ample availability of corpses in the wake of more than 600 executions in Wolfenbüttel between 1935 and 1945 was curtailed only by transportation fuel shortages and resulted in the dissection of more than 200 Nazi victim corpses in the Göttingen anatomy course. Apparently, neither individual offers of voluntary body donation (dating from 1932 to 1937 and published here as the earliest documents of this kind), nor the strong tradition of high-level anatomical research, nor even the awareness of the University's Age of Enlightenment origin, prevented the unethical use of corpses of Nazi victims for medical teaching. The Göttingen example may add "historical and moral detachment" under unusual political and wartime pressures to the "clinical and emotional detachment" thought to prevail amongst anatomy personnel (Hildebrandt, in this issue); together with the other reports it calls for all anatomists to bear in mind their ever present ethical obligations in respect to activities involving the use of corpses, both in medical schools and in the public domain. Copyright © 2012 Elsevier GmbH. All rights reserved.

  18. Trade and Sectoral Productivity

    OpenAIRE

    Fadinger, Harald; Fleiss, Pablo

    2008-01-01

    Even though differences in sectoral total factor productivity are at the heart of Ricardian trade theory and many models of growth and development, very little is known about their size and their form. In this paper we try to fill this gap by using a Hybrid-Ricardo-Heckscher-Ohlin trade model and bilateral sectoral trade data to overcome the data problem that has limited previous studies, which have used input and output data to back out productivities, to a small number of OECD economies. We...

  19. Carbon Trading. Literature Overview

    International Nuclear Information System (INIS)

    Kerste, M.; Weda, J.; Rosenboom, N.

    2010-12-01

    From Pigou and Coase to the Kyoto Protocol, carbon trading has resulted in pricing of the negative externalities emanating from pollution. This report highlights leading literature and empirical findings on carbon trading, amongst others addressing the relevant carbon and related markets, the (lack of) success of carbon trading so far and room for improvement as well as its impact on investments in emission reduction. This report is part of a set of SEO-reports on finance and sustainability. The other reports deal with: Financing the Transition to Sustainable Energy; Innovations in financing environmental and social sustainability; and Sustainable investment.

  20. 77 FR 30355 - Defense Federal Acquisition Regulation Supplement: United States-Korea Free Trade Agreement...

    Science.gov (United States)

    2012-05-22

    ... already a designated country under the WTO GPA. Although the rule now opens up Government procurement to... Korea is already party to the World Trade Organization Government Procurement Agreement. DATES... note)). The Republic of Korea is already party to the World Trade Organization Government Procurement...

  1. Implementation of International Standards in Russia's Foreign Trade Statistics

    Directory of Open Access Journals (Sweden)

    Natalia E. Grigoruk

    2015-01-01

    Full Text Available The article analyzes the basic documents of international organizations in recent years, which have become the global standard for the development and improvement of statistics of foreign economic relations of most countries, including the Russian Federation. The article describes the key features of the theory and practice of modern foreign trade statistics in Russia and abroad, with an emphasis on the methodological problems of its main parts - the external trade statistics. It shows their interpretation in the most recent recommendations by UN statistical apparatus and other international organizations; considers a range of problems associated with the implementation of the national statistical practices of countries, including Russia and the countries of the Customs Union, the main international standard of foreign trade statistics - UN document "International Merchandise Trade Statistics". The main attention is paid to methodological issues such as: the criteria for selecting the objects of statistical accounting in accordance with international standards, quantitative and cost parameters of foreign trade statistics, statistical methods and estimates of commodity exports and imports, the problems of comparability of data; to a comparison of international standards in 2010 with documents on key precursor methodology of foreign trade statistics, characterized by the practice of introducing these standards in the foreign trade statistics of Russia and the countries of the Customs Union. The article analyzes the content given in the official statistical manuals of Russia foreign trade and foreign countries, covers the main methodological problems of World Trade in conjunction with the major current international statistical standards - System of National Accounts, Manual on Statistics of International Trade in Services and other documents; provides specific data describing the current structure of Russian foreign trade and especially its

  2. Abatement Costs vs. Compliance Costs in Multi-Period Emissions Trading - The Firms' Perspective

    OpenAIRE

    Bode, Sven

    2003-01-01

    Greenhouse gas emission trading has become more and more important in the context of climate change. Recently, a discussion on trading on entity (i.e. company) level has started. Emitters likely to be obliged to participate have argued for an initial allocation of the emission rights free of charge. I analyse the implication of such an allocation based on historical emissions and on benchmarks in multi-period emission trading. Different allocation rules for successive periods are applied, nam...

  3. Bovine spongiform encephalopathy: is it time to relax BSE-related measures in the context of international trade?

    Science.gov (United States)

    Matthews, D; Adkin, A

    2011-04-01

    Bovine spongiform encephalopathy (BSE) has presented serious challenges to both the World Organisation for Animal Health and national governments, in defining and implementing appropriate national control measures, and in agreeing trade rules that permit safe trade in cattle and bovine products. Precautionary trade rules were initially necessary, based upon the science of sheep scrapie, but research into BSE later enabled BSE-specific trade rules to be developed. As a result, current rules on trade are underpinned by a sound body of knowledge on BSE. Declining epidemics in most affected countries confirm the appropriateness of current precautions. Nevertheless, risk is primarily dependent on the prevalence of infection with BSE. In the face of low prevalence scenarios, certain precautionary measures in the Terrestrial Animal Health Code may now be considered excessive. A thorough review is therefore deemed appropriate.

  4. High-Frequency Technical Trading: The Importance of Speed

    NARCIS (Netherlands)

    M.L. Scholtus (Martin); D.J.C. van Dijk (Dick)

    2012-01-01

    textabstractThis paper investigates the importance of speed for technical trading rule performance for three highly liquid ETFs listed on NASDAQ over the period January 6, 2009 up to September 30, 2009. In addition we examine the characteristics of market activity over the day and within subperiods

  5. 75 FR 82236 - Principal Trades with Certain Advisory Clients

    Science.gov (United States)

    2010-12-30

    ... 3235-AJ96 Principal Trades with Certain Advisory Clients AGENCY: Securities and Exchange Commission... certain of their advisory clients. The amendment extends the date on which rule 206(3)- 3T will sunset... a principal capacity in transactions with certain of their advisory clients.\\1\\ In December 2009, we...

  6. Integration, Trade Policy and European Footwear Trade

    OpenAIRE

    Winters, L. Alan

    1992-01-01

    This paper constructs a simulation model of the EC footwear market with which to consider the effects of EC trade policies. It examines the Southern enlargement of the EC, the quotas imposed on Korean and Taiwanese sales - initially in France and Italy and subsequently, in line with the `1992' programme, EC-wide - and the liberalization of imports from Eastern Europe. Import restrictions are shown to be costly - especially those against Eastern Europe.

  7. Optimal short-sighted rules

    Directory of Open Access Journals (Sweden)

    Sacha eBourgeois-Gironde

    2012-09-01

    Full Text Available The aim of this paper is to assess the relevance of methodological transfers from behavioral ecology to experimental economics with respect to the elicitation of intertemporal preferences. More precisely our discussion will stem from the analysis of Stephens and Anderson’s (2001 seminal article. In their study with blue jays they document that foraging behavior typically implements short sighted choice rules which are beneficial in the long-run. Such long term profitability of short-sighted behavior cannot be evidenced when using a self-control paradigm (one which contrasts in a binary way sooner smaller and later larger payoffs but becomes apparent when ecological patch-paradigms (replicating economic situations in which the main trade-off consists in staying on a food patch or leaving for another patch are implemented. We transfer this methodology in view of contrasting foraging strategies and self-control in human intertemporal choices.

  8. Metal/nonmetal diesel particulate matter rule

    Energy Technology Data Exchange (ETDEWEB)

    Tomko, D.M. [United States Dept. of Labor, Mine Safety and Health Administration, Pittsburgh, PA (United States). Safety and Health Technology Center; Stackpole, R.P. [United States Dept. of Labor, Mine Safety and Health Administration, Triadelphia, WV (United States). Approval and Certification Center; Findlay, C.D. [United States Dept. of Labor, Mine Safety and Health Administration, Arlington, VA (United States). Metal/Nonmetal Safety and Health; Pomroy, W.H. [United States Dept. of Labor, Mine Safety and Health Administration, Duluth, MN (United States). Metal/Nonmetal North Central District

    2010-07-01

    The American Mine Safety and Health Administration (MSHA) issued a health standard in January 2001 designed to reduce exposure to diesel particulate matter (DPM) in underground metal and nonmetal mines. The rule established an interim concentration limit for DPM of 400 {mu}g/m{sup 3} of total carbon, to be followed in 2004 by a final limit of 160 {mu}g/m{sup 3} of total carbon. The 2001 rule was challenged in federal court by various mining trade associations and mining companies. The rule was subsequently amended. This paper highlighted the major provisions of the 2006 final rule and summarized MSHAs current compliance sampling procedures. The concentration limit was changed to a permissible exposure limit and the sampling surrogate was changed from total carbon to elemental carbon. The MSHA published a new rule in 2006 which based the final limit on a miner's personal exposure rather than a concentration limit. The final limit was phased in using 3 steps over 2 years. This paper also discussed engineering controls and a recent MSHA report on organic carbon, elemental carbon and total carbon emissions from a diesel engine fueled with various blends of standard diesel and biodiesel. In May 2008, about two-thirds of all underground metal/nonmetal mines achieved and maintained compliance with the rule. 20 refs.

  9. Rising trade, declining stocks: The global gugul (Commiphora wightii) trade.

    Science.gov (United States)

    Cunningham, A B; Brinckmann, J A; Kulloli, R N; Schippmann, U

    2018-05-07

    been from 30t in 1963, to 2.42t in 1999 to 1.6t in 2013. Consequently, large quantities of C. wightii oleo-resin (around 505 t/year) are imported into India from Pakistan. An estimated 193t/year of crude gum equivalent is exported from India in the form of processed products. With remaining populations in decline due to commercial exploitation for international trade, a range of policy options (such as CITES Appendix II listing) and practical conservation actions (such as cultivation) need to be considered. Copyright © 2018. Published by Elsevier B.V.

  10. 45 CFR 99.1 - Scope of rules.

    Science.gov (United States)

    2010-10-01

    ... 45 Public Welfare 1 2010-10-01 2010-10-01 false Scope of rules. 99.1 Section 99.1 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES GENERAL ADMINISTRATION PROCEDURE FOR HEARINGS FOR THE CHILD CARE AND DEVELOPMENT FUND General § 99.1 Scope of rules. (a) The rules of procedure in this section govern the practice...

  11. Rules of Thumb from the Literature on Research and Evaluation.

    Science.gov (United States)

    Lai, Morris K.

    Practical advice on frequently asked questions dealing with research and evaluation methodology is presented as rules of thumb, with citations to the author's sources. A statement in the literature is considered a rule of thumb if it meets one of the following criteria: (1) it is specifically called a rule of thumb; (2) it contains numbers in…

  12. Environment, Trade, and Investment

    Science.gov (United States)

    Environment, trade, and investment are fundamentally linked as the environment provides many basic inputs of economic activity – forests, fisheries, metals, minerals – as well as the energy used to process those materials.

  13. International trade and environment

    International Nuclear Information System (INIS)

    Posada L, Luis Guillermo

    2000-01-01

    Topics are presented as economic theory and theory of the international trade, international dimension of the environmental problems, economic prosperity, environmental quality and lineament are given for an alternative, among others

  14. World Trade Center

    Index Scriptorium Estoniae

    2006-01-01

    Esilinastus katastroofifilm "World Trade Center" : stsenarist Andrea Berloff : režissöör Oliver Stone : kunstnik Jan Roelfs : osades Nicholas Cage, Michael Pena, Stephen Dorff jpt : Ameerika Ühendriigid 2006. Ka filmi prototüüpidest

  15. What Is Emissions Trading?

    Science.gov (United States)

    Learn the basics about how emissions trading uses a market-based policy tool used to control large amounts of pollution emissions from a group of sources in order to protect human health and the environment.

  16. Trading forest carbon - OSU

    Science.gov (United States)

    Issues associate with trading carbon sequestered in forests are discussed. Scientific uncertainties associated with carbon measurement are discussed with respect to proposed accounting procedures. Major issues include: (1) Establishing baselines. (2) Determining additivity from f...

  17. International Trade. International Business

    OpenAIRE

    Мохнюк, А. М.; Mokhniuk, A. M.

    2015-01-01

    Work programme of the study course “International Trade. International Business” was prepared in accordance with educational and vocational training program for bachelors of training direction 6.030601 “Management”.

  18. Impact of trade in emission reduction credits on solar projects

    International Nuclear Information System (INIS)

    Kulkarni, P.

    1993-01-01

    Since the amendment of the Clean Air Act in 1990, the possibility of trading in Emission Reduction Credits has been looked upon as a strategy for improving the economic feasibility of solar projects. This paper discusses developments towards such a market and reviews current and proposed emission trading practices. The paper analyzes how the current characteristics of the market help or hinder the trading of credits generated by solar projects, and suggests possible solutions. Emission credits from four different solar projects and their trading potentials are presented

  19. The gravity model specification for modeling international trade flows and free trade agreement effects: a 10-year review of empirical studies

    OpenAIRE

    Kepaptsoglou, Konstantinos; Karlaftis, Matthew G.; Tsamboulas, Dimitrios

    2010-01-01

    The gravity model has been extensively used in international trade research for the last 40 years because of its considerable empirical robustness and explanatory power. Since their introduction in the 1960's, gravity models have been used for assessing trade policy implications and, particularly recently, for analyzing the effects of Free Trade Agreements on international trade. The objective of this paper is to review the recent empirical literature on gravity models, highlight best practic...

  20. Phonological reduplication in sign language: rules rule

    Directory of Open Access Journals (Sweden)

    Iris eBerent

    2014-06-01

    Full Text Available Productivity—the hallmark of linguistic competence—is typically attributed to algebraic rules that support broad generalizations. Past research on spoken language has documented such generalizations in both adults and infants. But whether algebraic rules form part of the linguistic competence of signers remains unknown. To address this question, here we gauge the generalization afforded by American Sign Language (ASL. As a case study, we examine reduplication (X→XX—a rule that, inter alia, generates ASL nouns from verbs. If signers encode this rule, then they should freely extend it to novel syllables, including ones with features that are unattested in ASL. And since reduplicated disyllables are preferred in ASL, such rule should favor novel reduplicated signs. Novel reduplicated signs should thus be preferred to nonreduplicative controls (in rating, and consequently, such stimuli should also be harder to classify as nonsigns (in the lexical decision task. The results of four experiments support this prediction. These findings suggest that the phonological knowledge of signers includes powerful algebraic rules. The convergence between these conclusions and previous evidence for phonological rules in spoken language suggests that the architecture of the phonological mind is partly amodal.

  1. Oil trading manual

    International Nuclear Information System (INIS)

    Long, D.

    1995-01-01

    This manual provides basic information on all aspects of oil trading. Topics reviewed in Part 1 include physical characteristics and refining and oil pricing arrangements. Part 2 on instruments and markets contains chapters on crude oil markets, product markets, forward and futures contracts, forward paper markets, oil future exchanges, options, swaps and long term oil markets. Part 3 deals with administration and has chapters on operations and logistics, credit control, accounting, taxation of oil trading, contracts and legal and regulatory issues. (UK)

  2. International Trade Students’ Stereotypes

    OpenAIRE

    Kamila Matysová

    2017-01-01

    The goal of the present paper is to detect stereotypes of students studying International Trade at the University of Economics Prague and, if need be, propose didactic measures for intercultural education at the university. In our study, 293 International Trade students described six ethnic and national groups (Roma, Ukrainians, Vietnamese, Russians, Germans and Czechs) in terms of explicit stereotypes. The following hypothesis was formulated in the study: On the one hand, stereotypes of the ...

  3. Additive versus multiplicative trade costs and the gains from trade

    DEFF Research Database (Denmark)

    Sørensen, Allan

    This paper addresses welfare effects from trade liberalization in a heterogeneous-fi…rms trade model including the empirically important per-unit (i.e. additive) trade costs in addition to the conventional iceberg (i.e. multiplicative) and fi…xed trade costs. The novel contribution of the paper...... is the result that the welfare gain for a given increase in trade openness is higher for reductions in per-unit (additive) trade costs than for reductions in iceberg (multiplicative) trade costs. The ranking derives from differences in intra-industry reallocations and in particular from dissimilar impacts...

  4. Trade law and alcohol regulation: what role for a global Alcohol Marketing Code?

    Science.gov (United States)

    Mitchell, Andrew D; Casben, Jessica

    2017-01-01

    Following calls for restrictions and bans on alcohol advertising, and in light of the tobacco industry's challenge to Australia's tobacco plain packaging measure, a tobacco control measure finding support in the World Health Organization (WHO) Framework Convention on Tobacco Control, this paper considers what role, if any, an international alcohol marketing code might have in preventing or reducing the risk of challenges to domestic alcohol marketing restrictions under trade rules. Narrative review of international trade and health instruments and international trade court judgements regarding alcohol products and marketing restrictions. The experience of European trade courts in the litigation of similar measures suggests that World Trade Organization rules have sufficient flexibility to support the implementation of alcohol marketing restrictions. However, the experience also highlights the possibility that public health measures have disproportionate and unjustifiable trade effects and that the ability of a public health measure to withstand a challenge under trade rules will turn on its particular design and implementation. Measures implemented pursuant to international public health instruments are not immune to trade law challenges. Close collaboration between health policymakers, trade officials and lawyers, from as early as the research stage in the development of a measure to ensure a robust evidence base, will ensure the best chance of regulatory survival for an international marketing code. © 2016 Society for the Study of Addiction.

  5. A Trade Promotion Authority e as políticas de emprego da Trade Adjustment Assistance no limiar entre o asseguramento da economia interna e o protecionismo velado

    Directory of Open Access Journals (Sweden)

    Blenda Lara Fonseca do Nascimento

    2004-07-01

    Full Text Available Este artigo analisa os programas dereajuste comercial relativo a trabalhadores inseridono texto da Autoridade de PromoçãoComercial (Trade Promotion Authority –TPA de 2002. A autora questiona a licitudedestes programas norte-americanos ante anormativa da Organização Mundial do Comércio(OMC, assinalando que estes podem constituiruma forma de protecionismo velado.This article analyses the TradeAdjustment Assistance for Workers (TAAWof the Trade Promotion Authority (TPA 2002.The author questions this North-Americanprogram legality towards the World TradeOrganisation (WTO rules and, thus, proposesthat the program may constitute a disguisedform of protectionism.

  6. A Better Budget Rule

    Science.gov (United States)

    Dothan, Michael; Thompson, Fred

    2009-01-01

    Debt limits, interest coverage ratios, one-off balanced budget requirements, pay-as-you-go rules, and tax and expenditure limits are among the most important fiscal rules for constraining intertemporal transfers. There is considerable evidence that the least costly and most effective of such rules are those that focus directly on the rate of…

  7. Incidence of the WTO Anti-Discrimination Rules on Corporation Income Taxation

    OpenAIRE

    Hatice Jenkins; Glenn Jenkins

    2007-01-01

    Many countries with free trade zones or export processing zones now exempt from corporate income taxation the income of firms exporting from these areas. The WTO has attempted to eliminate this exemption through its rules to promote the non-discrimination of fiscal systems with respect to export production. In particular, these rules do not allow countries to exempt the income of firms exporting from Free Trade Zones from corporate income taxation. This paper examines both theoretically as we...

  8. Starbucks’s Fair Trade in The Edge of Globalization

    Directory of Open Access Journals (Sweden)

    Saomi Rizqiyanto

    2017-07-01

    Full Text Available Starbucks as a global company that reflect American values plays an important role in the trade of coffee industry. In February 2000, Starbucks partially adopted the Fair Trade and in early 2001 Starbucks fully adopt Fair Trade. This research seeks to examine the relationship between Starbucks as a symbol of globalization with Starbucks as a global corporation who adopt Fair Trade. This study also seeks to explain how any practical Starbucks Fair Trade as a whole and uncover the reasons behind Starbucks adopt Fair Trade. The research uses a case study method and using a primary and secondary reference sources in the form of books and journals. As a results, this study indicate that Starbucks has strong reasons that ultimately makes the company adopted the Fair Trade. The adoption of Fair Trade also known as CAFE Practices is apparently not spared from criticism of the observer of Fair Trade.DOI: 10.15408/etk.v16i2.5546

  9. Estimating the elasticity of trade: the trade share approach

    OpenAIRE

    Mauro Lanati

    2013-01-01

    Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental statistic needed to conduct welfare analysis. Eaton and Kortum (2002) proposed a two-step method to estimate this parameter, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade, the trade share provides an alternative source of identication for the elasticity of trade. Following Santos Silva and Tenreyro (2006) bot...

  10. U.S. and Texas international trade and transportation.

    Science.gov (United States)

    2011-07-01

    This report, funded by the Southwest Region University Transportation Center, examines various : aspects of international trade, transportation, and foreign practices implemented facilitate and fund : transport-related infrastructure. The report is c...

  11. Trade and Industrial Policy Strategies (TIPS) - Phase III | IDRC ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Trade and Industrial Policy Strategies (TIPS) is an network of researchers ... bring the quality of research done locally closer to international best practice. ... the Real Economy Study and a program of work on the economics of education.

  12. Central European Free Trade Agreement (CEFTA 2006 - Opportunities, Trade Relation and Evolution of Macedonian Economic Diplomacy

    Directory of Open Access Journals (Sweden)

    Krum Efremov

    2015-07-01

    Full Text Available Main activity in the foreign trade policy of the Republic of Macedonia during the past 10 years was the integration of the country on the Central European Free Trade Agreement – (CEFTA. The reason for this is the expectation that the membership of the Republic of Macedonia in CEFTA will significantly contribute to the continual efforts for strengthening the regional trade cooperation, further liberalisation of foreign trade exchange, and continuation of activities for harmonisation of trade rules with international standards. Additionally, CEFTA 2006 provides a much more comprehensive framework for development of mutual relations and economic cooperation among the countries of South Easte Europe. We will explain the concept of development of economic diplomacy in the Republic of Macedonia as a tool for supporting Macedonian economy. The purpose of these activities is to present the Republic of Macedonia as an attractive destination for foreign investments through the promotion of business advantages, and giving incentive to Macedonian export, as well as through strengthening of the country’s position as a attractive touristic destination.

  13. 75 FR 37510 - Self-Regulatory Organizations; Notice of Filing of Proposed Rule Change by NYSE Arca, Inc...

    Science.gov (United States)

    2010-06-29

    ... countries' currencies relative to the U.S. dollar. The term ``commodity currency'' generally is used to... Trading of WisdomTree Dreyfus Commodity Currency Fund Under NYSE Arca Equities Rule 8.600 June 22, 2010... Equities Rule 8.600: WisdomTree Dreyfus Commodity Currency Fund (``Fund''). The text of the proposed rule...

  14. 77 FR 24239 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2012-04-23

    ... Rule 107B To Add a Class of Supplemental Liquidity Providers That Are Registered as Market Makers at... participants to quote more often and to add displayed liquidity to the market. Thus, Rule 107B(a) requires that... liquidity for trading. In addition, the Exchange believes that the proposed rule change is consistent with...

  15. The interpretation practice of The European Court of Justice while judging the conflict between labelling applied as trademark with elderly right of another person

    Directory of Open Access Journals (Sweden)

    Hana Kelblová

    2010-01-01

    Full Text Available The article deals with the verification of the starting hypothesis of complementariness of the law of consumer protection and the law of intellectual property. In order to achieve that goal the author analyzes individual the Czech Trade Marks Act from the standpoint of protection of rights and interests of consumers.The article follows the categorical requirement of a public law rule, the Consumer Protection Act, which prohibits deceiving consumers and establishes that deceiving may also consist in offering products and services unjustified designated by misleading trade mark.The consumer is deceived most frequently when trade marks are used for designation of products and their promotion. The Trade Marks Act may be analyzed in relation to consumer protection first from the standpoint of consumer protection against trade marks misleading someone about the origin and quality of products and services designated by them. Then it is possible to examine the question whether requirements of a designation for being registered as a trade mark are at the same time those attributes of the trade mark which meet the declared intention of the lawmaker, i.e. that the trade mark should be a source of information for the consumer about the origin and quality of the product de­sig­na­ted by it.Especially, the article deals with an interpretation of the conception „Likelihood of Confusion“ as the fundamental conception while judging the conflict with elderly trademarks applying for the re­gi­stra­tion into the list of The Patent Office.A perception of an average consumer is a fundamental factor for a judgement of „Likelihood of Confusion“ as results from the decision practice of The Czech Patent Office, Czech courts and The European Court of Justice. This is proof of the conclusion that rules of the Trademark Law are rules of the Consumer protection Law.

  16. The global diet: trade and novel infections

    Directory of Open Access Journals (Sweden)

    Kimball Ann

    2005-04-01

    Full Text Available Abstract Practices designed to meet the demands of global trade can amplify food safety problems. Ever-increasing pressure to churn out more product and better sides of beef has generated processes that compromise existing safety measures. Among the concerns are intensified food production, use of antimicrobials and hormones as growth promoters, and poor sanitary infrastructure in some food producing countries. Accompanying the innovations designed to serve the diversifying global palate are emerging and re-emerging infectious diseases, or "trade-related infections." The joint efforts of international public health and industry are required to effectively address these growing health challenges.

  17. Cultures of High-frequency Trading

    DEFF Research Database (Denmark)

    Lange, Ann-Christina; Lenglet, Marc; Seyfert, Robert

    2016-01-01

    As part of ongoing work to lay a foundation for social studies of high-frequency trading (HFT), this paper introduces the culture(s) of HFT as a sociological problem relating to knowledge and practice. HFT is often discussed as a purely technological development, where all that matters is the speed...... of allocating, processing and transmitting data. Indeed, the speed at which trades are executed and data transmitted is accelerating, and it is fair to say that algorithms are now the primary interacting agents operating in the financial markets. However, we contend that HFT is first and foremost a cultural...

  18. EU Emission Trading: Starting with Carbon Dioxide

    DEFF Research Database (Denmark)

    Vesterdal, Morten; Svendsen, Gert Tinggaard

    2003-01-01

    The Commission of the European Union wants to start a limited emission trading scheme by 2005 within the Community to enable "learning-by-doing" prior to the Kyoto Protocol. This to accomplish the desired 8% target level for six different greenhouse gases. However, in the EU it is not clear whether...... all the six relevant greenhouse gases or only CO2 should be traded. What is the simplest and most practicable solution? We argue in favour of the latter option for three main reasons: the possible dominating global warming potential of CO2, expected future developments in CO2 emissions and the fact...

  19. Rule-governed behavior and behavioral anthropology.

    Science.gov (United States)

    Malott, R W

    1988-01-01

    According to cultural materialism, cultural practices result from the materialistic outcomes of those practices, not from sociobiological, mentalistic, or mystical predispositions (e.g., Hindus worship cows because, in the long run, that worship results in more food, not less food). However, according to behavior analysis, such materialistic outcomes do not reinforce or punish the cultural practices, because such outcomes are too delayed, too improbable, or individually too small to directly reinforce or punish the cultural practices (e.g., the food increase is too delayed to reinforce the cow worship). Therefore, the molar, materialistic contingencies need the support of molecular, behavioral contingencies. And according to the present theory of rule-governed behavior, the statement of rules describing those molar, materialistic contingencies can establish the needed molecular contingencies. Given the proper behavioral history, such rule statements combine with noncompliance to produce a learned aversive condition (often labeled fear, anxiety, or guilt). The termination of this aversive condition reinforces compliance, just as its presentation punishes noncompliance (e.g., the termination of guilt reinforces the tending to a sick cow). In addition, supernatural rules often supplement these materialistic rules. Furthermore, the production of both materialistic and supernatural rules needs cultural designers who understand the molar, materialistic contingencies.

  20. The value-added tax (VAT) rate of international natural gas trade

    International Nuclear Information System (INIS)

    Botter, E.

    2008-01-01

    Since January 1, 2005, international gas trades are controlled by common right derogatory VAT rules. Transfrontier exchanges do not obey to the classical territory rules of exchange of goods but to a particular VAT regime. Moreover, the access to networks and the transportation of natural gas are subjected to particular VAT regulations. This article explains these particularities. (J.S.)